Which of the following statements best puts into perspective the base salary of the CEO of a large for-profit organization?
A)It is typically20 times larger than the salary of the average worker in the organization.
B)It is typically the largest part of the CEO's total compensation.
C)It is likely less than half of the CEO's total compensation.
D)It is often deferred until after the CEO retires.

Question

Quizplus · Accepted Answer

Although the base salary of a CEO of a large for-profit organization may seem extremely high, it is often a relatively small portion of their total compensation package, which includes bonuses, stock options, and other benefits. Therefore, it is likely that the CEO's base salary is less than half of their total compensation.

Which of the Following Statements Best Puts into Perspective the Base