In Japan, expatriates rule when it comes to the biggest pay packages.
Foreign executives held eight of the top 10 spots on Bloomberg's ranking of the country's best-paid executives last year. SoftBank Group Corp.'s former Chief Operating Officer Nikesh Arora, whose ¥8 billion package topped the list, hails from India. Joseph DePinto, a director of Seven & i Holdings Co. who came in second, and Ronald Fisher, a director at SoftBank who ranked third, are both Americans.
U.S.-sized compensation packages have long been considered taboo in Asia's second-largest economy. Higher wages in Japan were typically earned by sticking around, thanks to rigid corporate promotion systems based on tenure.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.