Germany: a study outlines the current structure of wage variations among senior executives

Wages 30% higher for the same type of job due to a remuneration variable or a progressive rise of quality criteria in the calculation of the variable appear among the factors indicated in a report presented in a study at end August 2008 by the German subsidiary of Kienbaum International Consultants. (Ref. 080743)
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According to the Kienbaum study based on data collected from 409 German firms and 4.955 senior staff, the people who negotiated in their employment contract a wage with a fixed rate and a variable component earn far more than their colleagues with a fixed-rate salary only. The average annual income of senior executives with management jobs and with a variable wage component is € 133.000 (84% of the interviews) against € 94.000 for fixed wages (10%), i.e. a difference of €39.000. The remaining 6

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