answersLogoWhite

0

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.

---
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.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Who is a chief executive officer of the company?

The Chief Executive Officer of an organization is the boss. They are at the top of the organization because they make strategic decisions about the organization.


What did ursula burns do to make a difference?

chairwoman &chief executive officer of xerox


Career goals as purchase officer?

A purchase office may want to become the Chief Executive Officer of a company. Their ability to make good purchases and save the company money will help them meet their objective.


How much does a chief executive officer make per month?

It depends on the company. Stephen Schwarzman, CEO of Blackstone Group, made over $702,000,000 in 2008.


In the US the Chief Executive and the administrative offices make up what branch?

the executive branch


What are the three duties of the Chief Executive as listed in the Constitution?

The chief executive is responsible for carrying out the nations laws. Fist You are an idiot..... the president cannot make sure laws are carried out....they can pass laws but not make sure they are carried out..... Actual Answer: Make Executive Agreements


How much money does a Florida police officer make an hour?

13 dollars an/hour. off duty officer working a special event will make 15 dollars an/hour


How much does a chief executive make?

The answer depends on the company and its geographical location.


How much do Chief executive officers make?

It depends on the company's profit.


How much does a conservation officer make an hour in Indiana?

$90.00 a hour


What does a chief marketing officer make?

between $120,000 and $250,000


Ceo job description?

A Chief Executive Officer of a company or corporation is responsible for overseeing day to day operations. They are the liaison between the board of directors and all departments. They make major corporate decisions as well.

Trending Questions
What are the modern approaches of psychology? Define and discuss the need of human resource planning take an account of the human resource planning in your organization or an organization you are familiar with and give brief note on that? Organization change is different from organization development is it true? List the strengths and weaknesses of a manager? How do implement controls composite risk management? What are the different categories of decision making which manager is expected to deal? What is the 3 basic categories of control? What is a plantation manage? Does the sap enterprise system contain a large number of expansion packs which combine to execute the business management task of an organization? This function of your installations planning and management staff collaborates with the installations office of emergency management to ensure they have the apporpriate information products and suppor? What support do you expect the company in improving your performance? What is scope in project scope management? Pros and cons of centralisation and decentralisation of authority? Can any one please make Swot analysis of Abbott Laboratories? Navy ORM is a step process applied using principles at levels? The purpose of the joint lessons learned program? what is an organizational strategy? What is the difference between chain of command and unity? How can you teach your managers to utilize the 360 degree feedback in assessing the performance of the employees that are under their management? What is strategic leadership?