The average CEO of an S&P 500 company made $13.51 million in total compensation in 2005, according to executive compensation watchdog Executive Pay Watch. That sounds like a lot, but is it really? What constitutes "excessive"? And what does it mean to be "compensated"? Are you excessively compensated? Take our quiz below and find out. Count every "yes" answer as one point.
- Are you compensated financially for your work?
- Are you eligible for performance-related bonuses?
- Do you receive any non-financial compensation (i.e., positive feedback, hard candy)?
- Is there a first-aid kit somewhere in your place of employment?
- Does your employer provide "holidays" such as Independence Day, Thanksgiving, and weekends?
- Do you bank personal frequent-flier miles when flying at your company's expense?
- Has another employee ever fixed your malfunctioning software, free of charge?
- Have you ever expensed a meal that included extraneous items such as soup or pie?
- Are you allowed to work from home during sick days?
- Do you now make more than you did at one point in time?
0-5: You are excessively compensated. Your compensation package most closely resembles Big Lots CEO Steven Fishman and popular actor Shavar Ross (a.k.a. Dudley on Diff'rent Strokes)
6-8: You are excessively overcompensated. Your compensation package most closely resembles former Home Depot CEO Bob Nardelli and former American Idol runner-up Clay Aiken.
9-10: You are in the top 20% of excessive overcompensation. Your compensation package most closely resembles former Tyco CEO Dennis Koszlowski and 60 Minutes commentator Andy Rooney.