Senior managers get 11.7 times more pay than junior staff

Senior managers get 11.7 times more pay than junior staff

According to a study senior managers have been paid 11.7 times more times than junior level workers. Since 2008 the pay gap between the lower level employees and senior managers has been widened from a figure of 7.7 in 2008 to 11.7 in 2014. There is more gap among the BRIC countries and a marginal increase in Brazil and the gap has decreased in Russia. The study also elaborated that managers with skills such as emotional intelligence, creative thinking and advanced judgment are in high demand and short supply.

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