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VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

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Supervisory salaries rise by an average of eight per cent in 2012

According to an analysis by Towers Watson, the average total compensation of DAX Supervisory Board chairmen for the 2012 financial year rose an average of eight per cent, with Continental in the lead for percentage increase, followed by K + S (up 47 percent), Deutsche Post (up 27 percent) and Bayer (up 25 percent). The chairmen will earn an average of €312,000. An international comparison is difficult to make, because in Switzerland or the UK single-board systems are practised, where executive and non-executive directors sit on a single body. Over the past ten years pay has risen steadily, with a few jumps.  Two trends can be distinguished: first, the sometimes significant increase in fixed compensation, and then an increasing shift away from performance-based remuneration components.  This is the finding of the study of “Compensation in German supervisory organs 2012 - Analysis of German Prime Standard companies from 2005 to 2011”, presented for the fifth time by the magazine “Der Aufsichstrat”.