So what does the chief executive of HSBC, Stuart Gulliver, get paid?
For 2011 it breaks down like this:
£1.25m basic pay
£2.16m annual bonus - in shares
£3.75m long term incentive plan - in shares
He has taken a hit for PPI mis-selling and the mis-selling of investments to elderly people by a subsidiary, NHFA. The total is £1.3m lower than it would have been otherwise.
He can't sell the long term incentive shares until he retires - and they can be clawed back over the next 5 years if performance turns out to have been worse.