But compensation averaged $235,000 for each employee.
By Mr. Crystal's calculation, Mr. Esrey's annual compensation averaged more than $21 million from 1993 through 2001.
Paying committee stipends and meeting fees to directors is increasingly prevalent at the largest 200 companies, Mr. Archer said, with total committee compensation averaging $17,000 a director last year.
According to Fortune magazine, in 1970 real annual compensation averaged $1.3m (in today's money) for the top 100 chief executives, which was about 39 times the pay of an average worker.
We also have learned, from The Wall Street Journal on Thursday, that Goldman Sachs, another bailout recipient, is on track to pay its employees an average of $700,000 each in 2009, which, incredibly, is a bit higher than its compensation average in the pre-crash year of 2007.
The shortfalls ranged from under £20 to over £18,000 and will now be paid back in compensation, averaging £970.
Over the 2000-09 period, growth in productivity averaged 2.5percentt; growth in real compensation averaged 1.1percentt over the same period.
The most popular career industries for graduates are management consulting and finance, with graduates' total annual compensation averaging $183,000.
In research by strategy experts James Wade, Joe Porac, Tim Pollock, and Scott Graffin, when CEOs earned awards between 1992 and 1996, they commanded 11percentt higher compensation, averaging a $265,000 bump, but in less than a year, their average stock market returns dropped by more than 8percentt.
After implementation, the total cost of medical insurance compensation averaged 20,190,500 yuan, and ranged from 1,585,300, to 71,120,000 yuan.
