Friday, 29 October 2010

FTSE 100 executive pay rises 55%

Notes of pound sterlingThomson Reuters says the average FTSE 100 boss earns 88 times the average full-time UK worker

The pay received by chief executives of the companies listed in the FTSE 100 rose 55% this year, a survey has found.

Company bosses earned an average of £4.9m ($7.8m) each in the 12 months to June this year, up 34%, as bonuses returned to their pre-crisis levels, research by Thomson Reuters found.

That equals 88 times the earnings of an average full-time UK worker.

Related stories

It confirms a the findings of a report produced by accountants Deloitte Touche published last month.

Across the broader FTSE 350 index of company stocks, the highest individual earner was Bart Becht, of household goods company Reckitt Benckiser, who received £92.6m.

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-11649789

Noah Brunjes Faustina Stults Wilson Shunk Valerie Gryszowka

No comments:

Post a Comment