In a report just out from the High Pay Unit it is noted that FTSE 100 CEOs enjoy average remuneration of £5.5m a year, which has increased by ten per cent in the last year. Let me explain the dismaying connection between this state of affairs and the, by now, infamous BHS pension fund deficit.
Much has been said in the press lately about the pay packets of board executives and given the uproar, you could take a wild guess that they wish it could have been kept under wraps.
When it comes to motivating a workforce and getting the most out of them, it's important to consider a combination of incentive, engagement and empowerment tools – something that can me much easier for an SME than a large corporate.
New data from the High Pay Centre think tank has revealed that, not only did the ten highest paid CEOs at FTSE 100 companies make over £150m in total, but those in the position are now paid 183 times the average UK worker.
Having set up the business alongside Simon Kain in 2007, serial entrepreneur Alex Chesterman has pledged his continued leadership at Zoopla for the “next few years” – and will soon be rewarded with an increased remuneration and new “value creation plan”.
Salaries in the financial sector are rising faster than any other industry, figures have revealed, with half receiving increased pay within the last 12 months.
A new service designed to provide insight on what big brands pay staff has revealed the pay scales at ten of the largest companies in Britain.
According to a new report from Incomes Data Services (IDS) UK company director earnings are up 278 per cent over the last 14 years.
More than three quarters of FTSE 100 companies have made changes to their remuneration arrangements in the past 12 months.