Executive Board salaries are under criticism: they are seen as non-transparent and complicated. Above all, they provide the wrong incentives - a new law is intended to remedy this. As a recent study shows, the salary difference between board members and employees is still huge.
Who earns the most in the Dax? How big is the difference between the salary of the boss and the average remuneration in the Group? Answers to these questions are provided by the current study of the German Association for the Protection of Shareholdings (DSW) and the Technical University of Munich.
Last year, for example, the executive salaries of Dax companies fell for the second year in succession. According to the study, they fell by 0.3 percent in 2019. In 2018 they had already fallen by 3.5 percent. "This means that the gap between the development of gross wages in Germany and executive board salaries continues to widen," notes one of the authors of the study, Professor Dr. Gunther Friedl of the Technical University of Munich.
Read more of the article by ARD here.