CEO Pay Stays High, More Disclosure Seen
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U.S. executives are reaping another  year of abundant pay, and the rich rewards are likely to stir  demands for greater disclosure on how and why heads of  companies are compensated.
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Paychecks stay the same for the top two, but compensation changes for other Microsoft workers as stock grants replace options.
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Bill Gates, Microsoft's chairman and chief software architect, and Steve Ballmer, the software maker's CEO, each received a base salary of $591,667 and a $310,000 bonus for the 12-month period that ended June 30.
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The gap between the top executiveâs pay and the pay of executives a rank or two down is quickly widening.
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Executives urge patience as the company continues to review payments to executives who left in the wake of an accounting scandal. By Darrell Dunn.
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Men are making more money than women in technology jobs, about 12 percent more last year, according to a salary survey by career site Dice.com.The survey found that salaries for men increased by 2.4 percent in 2007 but stayed flat for women. The average salary last year for men was $76,582, and for women, it was $67,507, according to Dice. The gap widened last year: In 2006, the difference between salaries paid to men and women was 9.7 percent.Thomas Silver, senior vice president of marketing at Dice, which is part of Dice Holdings in New York, said employers need to look at the salary data, and if they have workers with comparable skills and experience doing comparable jobs, then &quot;that gap needs to be closed.&quot;Dice said it collected the salary data from more than 19,000 technology professionals who use its site. Respondents either filled out an online survey or replied to a request for information sent via e-mail. &quot;We feel comfortable that what we&#39;re seeing here is in fact representative of what&#39;s happening in the marketplace,&quot; Silver said.The gender gap was highest for tech workers in the retail, mail-order and e-commerce industries, with men making 15 percent more than women. The industry with the narrowest wage gap is manufacturing, at a 6.4 percent difference in salary.But as people work their way up in an organization to managerial jobs, the gender gap tends to shrink. Female project managers earned $100,436 last year, which is the first year that Dice&#39;s salary survey topped the six-figure mark for women. Men still made a little more at $101,569.From the data, Silver said it&#39;s clear that an IT worker who stays in the field, has good skills and experience, and can become a manager will move into jobs that pay well.&quot;Companies are willing to pay for experience,&quot; said Silver, and that was reflected in the pay increases by age, with those over 40 seeing increases of 2.3 percent. Entry level workers, who received 13.2 percent increases in 2006, saw a slight decline last year.The best paying jobs in IT were those with hard-to-find skills, Dice said. Those with skills in ETL (extract, transform and load) earned $96,559; ERP (enterprise resource planning), $95,589; SOAP (Simple Object Access Protocol), $95,387. The highest-paid operating system skill was Solaris, where workers were paid $90,321.Overall, IT salaries increased last year by 1.7 percent to $74,570, Dice said. By region, the three highest-paying areas were Silicon Valley, at $93,876, a nearly 4 percent gain since last year; Boston, $83,465, which also increased by about 4 percent; and the Baltimore/Washington area, at $81,750, at 2.3 percentIn its list of 16 metro areas, Detroit was at the bottom with an average tech salary of $67,271, a less than half-percent increase over last year. Salaries in San Diego were higher than Detroit, but it was one of three job markets to see a decline in salaries to $75,994, a drop of 4.3 percent. The others posting declines were Phoenix at $71,246 and down 4.97 percent, and Seattle, $79,636, down 0.19 percent.Computerworld is an InfoWorld affiliate.
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Top executives at major businesses  last year made as much money in one day of work on the job as  the average worker made over the entire year, according to a  report released on Wednesday.
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The Washington Post's annual executive compensation survey covers top executives of local companies and is drawn from publicly available data filed with the Securities and Exchange Commission. This year's survey covered 353 executives at 96 firms, people who made more than about $800,000 in total...
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Bankrate's new CEO shares the art of tracking personal finance data.
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The role of the executive assistant has drawn scrutiny after the disclosure that the former New York Stock Exchange chairman's assistant was paid $240,000 a year.
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WASHINGTON - The Securities and Exchange Commission staff may propose expanding disclosure rules on executive pay to cover lower-paid executives including general counsels, a commission official said.
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Lehman Brothers Holdings Inc. LEH.N  Chairman and Chief Executive Richard Fuld received $26.3  million in compensation last year, a 33 percent increase from a  year earlier, as profit rose to a record.
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U.S. companies that send the most jobs overseas handsomely reward their CEOs, a new study says.
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In the flood of corporate reform unleashed by recent business scandals, one issue has been largely ignored, shareholder activists say: the stratospheric level of executive pay and the nearly impossible task investors face in trying to figure out who is getting how much.
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Health care company raises earnings guidance, but its vital signs bear watching.
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Their compensation has outpaced inflation for five years, prompting demands for oversight, disclosure.
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Blackstone Group issued compensation details for the first time on Monday, disclosing in a filing that CEO Stephen Schwarzman received nearly $400 million last year and stands to make at least another $450 million after the private equity firm goes public.