How Does Executive Pay Compare Around the World?
Question: How does U.S. executive compensation compare to their counterparts around the world, such as Japan, Europe, Russia, Turkey?
Paul Solman: I don’t know what constitutes executive compensation in Russia, but compared to Japan, Europe, Turkey (Turkey?) and pretty much everywhere else, the United States has long been the world’s notorious outlier. We covered the issue some years ago for the NewsHour in a series called Executive Excess. The stories may be worth watching: Part 1, Part II, Part III.
And finally, a one-on-one with GE’s Jack Welch, in which I sort of chicken out of confronting him with the evidence from the other stories.