FT.com / Financials – UK chief executives’ pay hit by cost cuts.
The FT has reported:
The base salaries of chief executives of the UK’s largest companies rose more slowly than average pay last year for the first time in a decade as tougher economic conditions forced boardroom restraint, a study by PwC has revealed.
One in six chief executives of FTSE 100 and FTSE 250 companies also received no bonus in a sign that boards are linking executive pay more closely to performance.
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One Response to “Another case for Millionaire Aid”
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Yes, but for the last few years top peoples pay has risen much faster than anyone else’s.