Chief executives of the top 100 ASX listed companies earned 67 times the national average in 2012.
Of particular interest (in the light of the recent leaking of ABC pay amounts), is Rupert Murdoch, CEO of News Corp, who earned a whopping $24,790,000 in 2012, a somewhat significant 409 times the amount earned by the average News Corp employee. See other global comparisons at CEO Pay in perspective.
The Swiss are proposing a maximum ratio of 12:1 (bosses to average), and ACTU 10:1. More at ACSI’s CEO Pay inthe Top 200 Companies: 2012 paper and The Conversation (6/13).
