Adva: Stock exchange managers earn 60 times average wage

By JPOST.COM STAFF
December 31, 2012 09:04

Managers of public companies in the stock exchange earn an average of 6.5 million NIS, 60 times the average wage, the annual report by the Adva Center revealed on Monday.

According to the report, salaries of employees in the top percentile reach some 85 thousand dollars, 13 times higher than those in the second decile.

Wage differentials remained unchanged since the year earlier, and the middle class shrunk, the report found.


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