wages study

Compensation for managers of US subsidiary of European

corporation survey

Based on 2009 data

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.

0

50

100

150

200

250

300

350

400

0 10 20 30 40

Sala

ry in

K$

Thou

sand

s

Company

Salary

Linear (Salary)

Gross Salary distribution

Nber of managers by salary range

1 2

7

4 4 57

012345678

Nbe

r of M

anag

ers

Salary Range in K$

Nber of managers by salary range

Nber of managers

• The average salary is 118K$

• 50% of managers earn less than 100K$ per year

Number of managers by age group

4

8

6 6

10

1 10

1

2

3

4

5

6

7

8

9

Nbe

r of M

anag

ers

Age group

Number of managers by age group

Number of managers by age 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.

Average salary by age group

66

109

194

111

165

0

70

193

00

50

100

150

200

250

Aver

age

Sala

ry i

n K$

Age group

Average salary (K$)

• Salary is not necessarily proportional to age

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…

Average Salary vs Company Sales

0

50

100

150

200

250Av

erag

e Sa

lary

(K$)

Company Sales (K$)

average salary

Linear (average salary)

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

Average Salary vs Nber of Employees

$44

$140 $179

0

50

100

150

200

Aver

age

Sala

ry (K

$)

Nber of Employees

Average salary

Average salary

• As expected salaries increase with the number of employees in the subsidiaries.

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

Conclusion