Executive salaries showing stronger increases

Research news - In 2017, salaries of management board members of DAX-listed companies rose by 4.5 percent - stronger than in the three years before. Bonuses are thus moving in line with the even bigger increases in corporate profits and DAX share prices. However, the base salaries of board members, not linked to performance, were also higher. This was revealed in the annual study, presented today in Frankfurt, by the Technical University of Munich (TUM) and DSW, an advocacy group for private investors. Management board members with companies listed on the DAX exchange earned an average of 3.558 million euros in 2017, or 4.5 percent more than. This represents a significantly larger increase than in the previous three years. However, average annual growth in earnings for occupants of corner offices over the past 10 years is still below 2 percent.