Top French court approves 75% company tax on high salariesFrance's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.
Saudis take to Twitter to demand better payDespite their country boasting the world's greatest oil wealth, many Saudis complain their salaries are not enough to make ends meet, and are taking to Twitter to demand more money.
BHP chief Kloppers tops Australian CEO pay list Marius Kloppers, the head of mining giant BHP Billiton, topped the list of Australia's highest paid executives in fiscal 2011, but will this year take a 40 percent pay cut after refusing his bonus.