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Chief executive officers (CEO's) are not paid by the hour, but by an annual salary over a contract period of varying length. For large US corporations, these salaries can range from a million dollars up to tens of millions of dollars per year. However, even that large a sum is not the major compensation received by CEO's, directors, and other executives. Stock options, bonuses, and profit-sharing can easily surpass the actual salaries, reaching the tens or even hundreds of millions of dollars over the life of the contract and beyond.

So a CEO of a large corporation can earn many times more in a single year than an average wage earner will earn in his lifetime. This disparity is one reason for popular sentiment against enormous (and often unwarranted) executive pay scales.

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It depends on the chief executive. Some chief executives of charities may work for free (as they are usually already wealthy). Some of the big investment house CEO's make thousands of dollars per hour when you include their bonuses. In 2008, the CEO of Goldman-Sachs earned the equivalent of $6,000 an hour.

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