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

16y 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 questions are asked in step 5 of the RM process to ensure compliance with the guiding priciples? What are the factors that influence the span of control in an Organization? What are the key differences between a project expeditor and a project coordinator in terms of their roles and responsibilities within a project? What is the purpose of a decision support system? Who is Middle level manager? What is the difference between a mission statement and a goal? Why do you need office supplies? Why did you choose business establishment for your training? What was the average annual salary for a store manager in 2003? What is the Difference between value analysis and value chain analysis? What statements best represent the relationship between a project processes and organizational process assets and enterprise environmental factors? Why is planning is an intellectual process? Types of conflicts among project manager line manager and functional manager during project life cycle? What is organisational develpoment? Top maritime school in the Philippines? What are the key differences between various agile frameworks in terms of their approach and methodologies for project management? A friend suggest that organizational behaviour courses are useful only to people who will enter management careers discuss the accurity of your friend's statement? Discuss the parameters of a Project Report? What are disadvantages of human resource management? How is demand mannaged?