Content View

Which Company Has the Largest Salary Gap between CEOs and Employees?

May 01, 2017 09:41|May 01, 2017 09:41
facebook twitter print

TheCEOs in large companies turned out to receive up to 63 times higher salariesthan employees. A financial information provider FnGuide conducted a surveymeasuring the salary gap between CEOs and employees at 28 out of the nation'stop-30 market cap companies who published annual reports for last year. 

Thesurvey showed that the maximum salary gap between CEOs and employees reached62.6 times, with the average gap estimated at 21.9 times. Samsung Electronics,the No. 1 company in terms of market value, reported the largest salary gapbetween CEOs and employees. 

KwonOh-hyun, vice chairman of Samsung Electronics, was paid salaries of 6.69billion won last year, becoming the king of employees in Korea. This figure isabout 62.6 times higher than the average salaries of employees at SamsungElectronics which stood at 107 million won. 

Thesecond largest salary gap was reported by Samsung Biologics where the gapbetween CEOs and employees stood at 56.5 times.