Macquarie Group chief
Hostplus's chief David Elia won the top gong as the highest paid industry super fund executive in Australia for the year ending June 2022, pocketing $1.33 million, up from the $1.2 million earned the year before.
Tesla's CEO Elon Musk is the highest paid CEO in the world. His salary was USD 23.5 billion approximately in the year 2022.
Macquarie Group – which also has the highest-paid CEO and highest-paid Australian executive – also delivered the country's highest-paid CFO in Alex Harvey with pay of $10.5 million. Macquarie Group chief Shemara Wikramanayake was Australia's highest-paid CEO in 2022 for the second year in a row at $23.7 million.
The average CEO salary in Australia is A$932,211 as of March 19, 2021, but the range typically falls between A$418,190 and A$1,587,928. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Commonwealth Bank of Australia's CEO is Matt Comyn, appointed in Apr 2018, he has a tenure of 5.17 years. His total yearly compensation is A$6.98M , comprised of 35.5% salary and 64.5% bonuses, including company stock and options. He directly owns 0.007% of the company's shares, worth A$11.02M.
According to our data, Woolworths Group Limited has a market capitalization of AU$40b, and paid its CEO total annual compensation worth AU$7.6m over the year to June 2022.
In a statement to the ASX, Qantas confirmed Hudson will receive a $1.6 million base salary - a 50 per cent increase on her current base pay. Hudson's total target remuneration, which includes short and long-term bonuses, is actually around $5.8 million.
Rank within a company's hierarchy
While CEO and CFO both have high-level C-suite positions, the CEO has the highest rank in the company. The CFO, alongside other specialized C-level positions like the COO , rank below the CEO. While a CFO's duties impact the success of the company, they still report to the CEO.
Specifically, the average monthly salary in Switzerland is Rs. 4,98,567, in Luxembourg it is Rs. 4,10,156, and in Singapore, it is Rs. 4,08,030.
Who is the richest man in the world? As of June 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth $215 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.
The highest earner was Australia Post's chief executive, Paul Graham, who took home a $2.09 million package that included a base salary of $1.15 million and a bonus of $885,022.
The survey, which polled 2,000 individuals across 13 employment positions, reveals that top pay rates for NFP CEOs are offered in Western Australia ($141,628) while Tasmania ($111,333) has the lowest average pay for CEOs.
As of Jun 12, 2023, the average hourly pay for a Ceo in the United States is $71.37 an hour. While ZipRecruiter is seeing hourly wages as high as $149.04 and as low as $11.54, the majority of Ceo wages currently range between $43.27 (25th percentile) to $95.19 (75th percentile) across the United States.
Lawyer salaries at Qantas can range from $251,571-$272,137.
The company said Mr Culbert will receive $1.5 million in fixed annual pay, and be eligible for another $1.5 million in cash each year based on performance. Of that short-term incentive, 80 per cent will be paid on the award date and 20 per cent will be paid two years later.
Flight Attendant salaries at Qantas can range from $36,000 - $115,500 per year.
The rumoured salaries for some of Australia's biggest names have been revealed, with Channel 10's Lisa Wilkinson topping the list.
Telstra Group's CEO is Vicki Brady, appointed in Sep 2022, she has a tenure of less than a year. Her total yearly compensation is A$2.82M , comprised of 41.7% salary and 58.3% bonuses, including company stock and options. She directly owns 0.007% of the company's shares, worth A$3.36M.
Cook has received a $3 million base salary for the past three years, but his total compensation — which includes the restricted awards — jumped from $14.8 million in 2020 to $98.7 million in 2021 and $99.4 million in 2022. Apple said Cook supported the changes to his compensation.
The highest paying job in banks is currently a job as an investment banker. Investment bankers typically earn about $133,538 per year.