What’s a great way to get paid a ton for a job that might take as little as five hours per week? Get on a board of directors. These jobs may not be as tony as they used to …
This morning, EpiPen-maker Mylan announced that it would release a generic version of its product for $300, half the current price of EpiPen. This comes on the heels of last week’s announcement that the company would boost the value of …
This week at PayScale, we did a deep dive into the salaries of CEOs to understand how much CEOs make relative to typical workers. We also looked at how employees feel about the salaries their chief executives earn. Find out …
When a woman quits her job to spend more time with family, no one bats an eye. When a man does the same, it's news. Earlier this week, Max Schireson announced that he'd be leaving his role as CEO of MongoDB in order to travel less and be at home with his wife and children more. The shock that reverberated throughout the internet is proof, if we still needed any, that men and women have not achieved parity in the business world.
Most workers understand that the guy (and sadly, it's still usually a guy) at the top of the corporate hierarchy is going to earn more than they do -- a lot more. After all, he's the one who has to pick up the pieces if the company falls apart. In some companies, however, the difference between the CEO's salary and workers' pay isn't quite as steep.
What's worse than working for a chief executive who makes millions of dollars a year? Working for that same millionaire CEO when you know it would take you 100 years -- or more -- to earn his annual salary.
Over the past decade, 38 percent of female CEOs at the world's 2,500 largest companies have been forced out, as opposed to 27 percent of men, according to a recent study from Strategy& (formerly Booz & Company). Why? Well, one theory is the "Glass Cliff."
Mary Barra has worked for General Motors for 33 years, most recently as executive vice president of global product development. She seems like a natural choice for replacement for departing CEO Daniel Akerson, who is stepping down in January. Why Barra's is appointment such big news? Because she will be the first female CEO to head a car company the size of GM.
Read any profile of a successful entrepreneur or executive, and eventually you'll find some reference to the fact that they get up early. The folks who start multimillion-dollar businesses, write bestselling business books, and do TED Talks all seem to get up at the crack of dawn. So where do they get the get-up-and-go?