Final answer:
Median total compensation of the chief executive of large public corporations typically includes bonuses, stock options, retirement benefits, and performance-based incentives in addition to a salary.
Step-by-step explanation:
Median total compensation of the chief executive of large public corporations typically includes several forms of payment in addition to a salary. These forms of payment often include:
- Bonuses: Chief executives may receive bonuses based on meeting certain performance targets or company goals.
- Stock options: Executives may be granted options to purchase company stock at a later date, allowing them to benefit from any increase in the stock price.
- Retirement benefits: These can include various retirement savings plans and pension benefits.
- Performance-based incentives: Executives may receive additional compensation based on their individual performance or the performance of the company.