A recent review by the Senior Posts Remuneration Committee highlights that CEOs in commercial state bodies enjoy more generous compensatory benefits compared to private sector executives. Specifically, these CEOs receive an average basic annual leave of 30 days, which surpasses the median market standards. Such findings suggest that there may be upcoming pay increases for these leaders, which could further extend the gap in remuneration packages between state-owned and privately-owned entities.
According to the Senior Posts Remuneration Committee's review, CEOs in commercial state bodies receive basic annual leave entitlements of 30 days, surpassing the market median.
The report reveals that the pensions and annual leave packages for state body CEOs are generally more generous than those available to their private sector counterparts.
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