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Username: curiosocasanova
Name: curioso
Location: Stockholm
Country: Sweden
Age: 49
Gender: Male

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Swedish directors inflamated by their raises!


Monday,Jul 7 2008, 12:54:54 PM

 

MSN's Swedish News   

Highly positioned Chiefs' Incomes' skyrocketing in Sweden.   

Toppchefers löner rusar ifrån

Direktörerna har välfyllda plånböcker. Bild: Scanpix

Börsbolagens verkställande direktörer fick sju gånger högre lönelyft än vanliga löntagare. Det visar Svenska Dagbladets kartläggning av vd-lönerna bland Stockholmsbörsens bolag.

När vanliga löntagare fick nöja sig med 3-procentiga löneökningar slog direktörerna till med 21-procentiga ökningar.

Medianersättningen för en vd i ett börsnoterat företag 2007 var 3,3 miljoner kronor, inklusive lön, bonus, aktieutdelning och pensionsavsättning. 30 vd:ar fick minst 10 miljoner kronor i ersättning under fjolåret. Mest av dem fick Carl-Henric Svanberg, vd för Ericsson, med sina 26 miljoner kronor.

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Rough translation  into English:

The Executives of the Swedish Stockmarket corporations , got seven times higher raise in the salaries than the normal income holders of Sweden.    

 This was revealed by the Swedish Daily's ( Svenska Dagbladet )'s recent investigation of the Swedish stock-market chiefs within the Swedish Stock-market companies 

While the Swedish normal employees had to satisfy themselves by a 3% raise in their  annual  income , the mentioned chiefs hit the record of a 21% income increase comparing to the normal income holders.

The average compensation for an executive in a Swedish bourse-noted company topped by 3.3 million Kronor last year ( 2007 ) and this was including the salary, the bonuses, shareholding revenews and ofcourse retirement funds.            

 It is interesting to know that, thirty (30)of these executives received at least 10 million Kronor as a compensation for the last year of 2007.  The toppest figure of all among these guys , belongs to Carl Henric Svanberg Swedish Ericssons executive with total amount of 26 million Kronor as compensation for the last year of 2007.

 cyrusvadani@msn.com

Category: Swedish Affairs | Tag: Sweden | 14 Views | Share with Friends |  Report |  Rate this Journal:


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