News Corporation's (NYSE: NWS) James Murdoch - son of chief executive Rupert Murdoch and head of the company's European and Asian operations - is set to receive a salary of around $3.4 million this year, according to a filing with the Securities and Exchange Commission. Many view this as a fair compensation, but others have been complaining that the heir is receiving far too much.

The widely-expected future successor is also set to receive a cash bonus targeted at 75% of his base salary with a maximum of 100% of his base salary if certain objectives are met. He is also eligible, like other executives, to a bnus based on the company's adjusted earnings per share, which can reach $12.5 million a year. In addition, he will receive 400,000 cash-settled restricted stock units that begin vesting in January along with other perks.