Models of changes in managerial salaries in five economies

Abstract

International comparisons of many kinds are hindered by the lack of data that are consistent between countries. This has been the case particularly with comparisons of managerial remuneration and, along with the lack of consistent data, there has been no satisfactory theory of differentials in managerial remuneration either in absolute terms for example, as between a given-status manager in, say, Canada and the UK – or in relative terms ‐ for example, the differential between two managers of different status in each country. This article uses some recently published, and expensively gathered, data on managerial remuneration in five countries with the purpose of extending the usage of the data, which were published more or less merely as information, and introducing some tentative steps towards a better understanding of absolute and relative differences in managerial salaries.