Bloomberg (July 1)
2010/ 07/ 02 by jd in Global News
Japan is the land of “bargain-basement CEOs.” Less than 300 people at Japan’s 3,813 listed companies reported earning more than the 100 million yen disclosure threshold. An average CEO in Japan earns $590,000 compared to $3.5 million in the U.S. This pay gap can be a “stumbling block” for Japanese companies going overseas. They may have to pay overseas workers more than their CEO. For example, the U.S. head of sales at Takeda Pharmaceutical earns twice as much as Takeda’s CEO.
