Executive Remuneration: Industry and Job Family Effects

ABSTRACT

This research explores the distribution of executive remuneration based on the type of industry and job family in South African state-owned enterprises. A regression analysis of secondary data collected on 222 executives was conducted. The overall results based on pairwise comparison suggest that the distribution of executive remuneration across various categories of industry was the same except between forestry—defense, forestry—telecommunications, defense—telecommunications, and energy—development funding. However, the results also indicated that there was no difference in the distribution of remuneration across various categories of job families in South African state-owned enterprises.

KEYWORDS:

• Executive remuneration
• industry
• job family
• state-owned enterprises