Car execs most affected by pay cuts -German study

Newswire

* Half of car execs saw pay drop in crisis -survey * Rate was almost 20 pct across industries in Germany * Top-execs in auto industry still among best paid * Gender gap narrowest in IT, technology FRANKFURT, Sept 24 (Reuters) - Almost half of Germany's car industry executives had to take pay cuts as a result of the crisis, more than in any other industry, a study showed on Thursday. Overall, almost one in five managers had lower pay than before the crisis, according to a survey of ...

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