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UK CEO Pay 

By: lkorrow in POPE IV | Recommend this post (1)
Thu, 03 Aug 17 10:48 AM | 104 view(s)
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Side note: I have to write an analysis for school, will be mostly offline for awhile.

FTSE 100 chiefs see £1m pay cut

The chief executives of Britain’s biggest listed companies saw their pay fall on average by nearly £1m last year, following pressure from investors and politicians over the generous packages. The average earnings of FTSE 100 chief executives dropped 17 per cent to $4.5m in 2016, according to an analysis by the Chartered Institute of Personnel and Development and think-tank the High Pay Centre.

Theresa May has promised to address this issue and recently warned of an “irrational, unhealthy and growing gap� between the pay of executives and workers. The median pay for FTSE 100 chiefs fell to £3.45m last year, while the annual full-time wage in the UK was £28,000 according to the Office for National Statistics. (FT)




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