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wages study

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  • 1. Compensation for managers of US subsidiary of European corporation survey Based on 2009 data
  • 2. This survey is based on the 2009 compensation of 30 managers of recently set up US subsidiaries of European businesses. Managers are defined as the most paid position based in the US subsidiary which may or may not be a full fledge manager position. For consistency purposes we have excluded from this survey companies in the financial sector and corporation over 100 employee. Salary mentioned in this study include gross salary, commissions and bonuses.
  • 3. 0 50 100 150 200 250 300 350 400 0 10 20 30 40 SalaryinK$ Thousands Company Salary Linear (Salary) Gross Salary distribution
  • 4. Nber of managers by salary range 1 2 7 4 4 5 7 0 1 2 3 4 5 6 7 8 NberofManagers Salary Range in K$ Nber of managers by salary range Nberof managers • The average salary is 118K$ • 50% of managers earn less than 100K$ per year
  • 5. Number of managers by age group 4 8 6 6 1 0 1 1 0 1 2 3 4 5 6 7 8 9 NberofManagers Age group Numberof managersby age group Number of managers byage group • Concentration: 80% of managers are below 45 years old • Our graph is only based on 27 managers considering we did not obtain the age for 3 of the managers.
  • 6. Average salary by age group 66 109 194 111 165 0 70 193 00 50 100 150 200 250 AverageSalaryinK$ Age group Average salary (K$) • Salary is not necessarily proportional to age
  • 7. Average Salary vs Type of Industry $132 $76 $46 Average salary (K$) by Industry IT Industry Others • IT includes: – Software – Computer services – Internet services – Sales of license for software • Others includes: – Consulting companies – Beverage distribution – Photography distribution – Etc…
  • 8. Average Salary vs Company Sales 0 50 100 150 200 250 AverageSalary(K$) Company Sales (K$) average salary Linear (average salary)
  • 9. Average Salary vs Company Sales • The average salary is mainly proportional to the company sales • Trend line shows the malfunctions of overpaid and underpaid salaries
  • 10. Average Salary vs Nber of Employees $44 $140 $179 0 50 100 150 200 AverageSalary(K$) Nber of Employees Average salary Average salary • As expected salaries increase with the number of employees in the subsidiaries.
  • 11. Local vs Transferred employees • Local are defined as employee hired in the US whether of US or other nationality • Transferred are employee who came from outside the US to take their position 53% 47% Recruitment Local Transferred
  • 12. Conclusion