Daily NewsView All News
Staffing Industry Analyst today published the results of their 2012 Staffing Firm Executive Compensation Analysis for Europe, produced in association with Equilar.
Total compensation rose by a median +9.1% in 2011, compared to a rise in median revenue of +22%, but a fall in median market capitalisation of -18%, according to analysis of executive compensation that looked at a selection of publicly traded European staffing firms as well as US staffing firms with significant operations in Europe.
The study was conducted by Equilar, an executive compensation data firm, exclusively on behalf of Staffing Industry Analysts. The median percentage increase in compensation reflects only those executives who have been at their firms for two complete years or more and who had reported compensation. The base currency used in the study was US dollars.
Median total compensation at the 28 staffing firms tracked was $1,393,536 in 2011 based on executives for whom total compensation was reported. Median base pay across this group was $462,830.
ManpowerGroup Inc. Chairman, President and CEO Jeffrey A. Joerres, received the highest total compensation at $10.9 million in 2011. The highest compensated executive based in Europe was Adecco’s Patrick De Maeseneire with total earnings of $5.7 million.
The median proportion of total compensation to revenue was 0.12% and the total compensation to market capitalisation was 0.38%.
Members of Staffing Industry Analysts' research services can read the full report, covering 58 senior executives by clicking here. If you are interested in become a member please contact Ton Mulders firstname.lastname@example.org or Francesca Vassallo-Todaro email@example.com