December 11, 2023
Compensation for high executives at publicly traded staffing corporations rose by a median 4.0% globally based mostly on 2022 knowledge, in response to the Staffing Govt Compensation Evaluation: 2023 Replace report launched Dec. 4 by SIA. The report seemed on the two highest-paid executives at 42 publicly traded staffing corporations across the globe.
Median compensation was $1.7 million, in response to the report.
It additionally famous the construction of govt compensation differs meaningfully throughout areas. Nonetheless, the common construction consists of base wage, bonuses, non-equity incentive plan payouts, choice awards, inventory awards and different compensation.
simply the 24 North American corporations, whole median compensation at these corporations rose a median 8.5% in 2022. A lot of the North American corporations tracked had been within the US, with one in Canada. Then again, whole compensation declined by a median 1.2% among the many 15 corporations tracked in Europe, the Center East and Africa.
Three corporations in Asia Pacific had been tracked; on this area, whole compensation elevated by a median 57.6%.
The very best-paid executives among the many 42 publicly traded staffing corporations had been Jonas Prising, CEO of ManpowerGroup Inc., with whole compensation of $13.1 million, and Gary Burnison, president and CEO of Korn Ferry, with whole compensation of $11.5 million.
Company members of Staffing Trade Analysts can entry the full report.
