Quote:
Originally Posted by Unregistered
sounds a little low, given that it's quite tough to reach director level. thought it would be like 20k at least.
i'm in upper (not top) management at an mnc, and already making 16k at age 35..
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Hmm... I wonder why people still don't understand this.. This is risk free rate, obviously you expect return to be lower right. A director in his early 40s in the civil service who earns 15k, ie ard 250k/yr or more earns this rate for the next 20-25 years risk free, unless he does something funny. I doubt MNCs guarantee that kind of stability. The 16k u earn factors in the spread meant to cover the probability of your company defaulting on you when you are in the late 40s.