Saturday, June 16, 2012

average FTSE 100 CEO saw their pay increase 12% to an average of £4.8m:

"It is important to remember why “radical reform” is urgently necessary. On Tuesday, it was reported that the average FTSE 100 CEO saw their pay increase 12% to an average of £4.8m: approximately 200 times average private sector pay. By contrast, disposable incomes for the rest of us are set to fall for the third year running (pdf)". hat tip http://www.leftfootforward.org/2012/06/shareholders-reject-martin-sorrell-bonus-wpp/
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3 comments:

  1. Anonymous20 June 2012 at 02:04

    There is nothing wrong with high salaries. However, it is never linked to company profits. Nor is it linked to long term shareholder.

    There should an end to huge pay offs, for failing CEOs...

    CEO salaries should be linked to shareholder value, they should get that in 3-7 years, this way they sow the seeds for growth and not short term quick profits....

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  2. Anonymous20 June 2012 at 23:44

    Labour got a lot of loving from WPP (or rather its "lobby" companies).

    Are you trying to clean up politics?.

    Leveson inquiry, shows up the txt messages between government and industry.....

    I guess you never got your never got a goodie bag?

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  3. John Gray22 June 2012 at 12:22

    Hi anon 02.04

    Agreed (and we should have employee reps sitting on the board keeping an eye on such things)

    Hi Anon 23.44

    Err yes (and yes)

    ReplyDelete