WHAT IS MANAGEMENT



Bonus Internet exercises[i]

Bonus Internet Exercise 8-3

EXECUTIVE COMPENSATION WATCH

Visit the AFL–CIO website at . Navigate through the site and go to CorporateWatch and find information regarding salaries of CEOs of major corporations in the United States (corporatewatch/paywatch/). (Sometimes the web address for a location changes. You might need to search to find the exact location mentioned.)

1. What is the average CEO compensation for the latest year?

2. Which CEO received the largest total compensation package? How much?

3. Who is the highest paid CEO in the information technology industry? In the financial industry? In the industrial industry?

4. List the top three executive retirement packages.

5. The AFL-CIO website tracks the earnings of CEOs compared to that of average workers. In 2006, the average CEO made 364 times as much as the hourly worker (down from 525X in 2000.) What is the current ratio of average hourly workers to CEO pay rates?

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[i] THE INTERNET IS A DYNAMIC, CHANGING INFORMATION SOURCE. WEB LINKS NOTED IN THIS MANUAL WERE CHECKED AT THE TIME OF PUBLICATION, BUT CONTENT MAY CHANGE OVER TIME. PLEASE REVIEW THE WEBSITE BEFORE RECOMMENDING IT TO YOUR STUDENTS.

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