Property News · September 11, 2016

TUC urges Theresa May to help rein back directors’ pay


New report shows FTSE 100 executives earn 123 times more than the average workerDirectors’ pay has reached “stratospheric” levels, according to a study that is critical of a culture where senior business figures receive a sum equivalent to a year’s worth of the minimum wage in a single day.Analysis by the TUC found that the average boss of a FTSE 100 company is paid 123 times the UK’s average full-time salary. It also discovered that the median pay package, excluding pensions, of a senior director increased by 47% to £3.4m in the five years to 2015, compared with 7% for average wages. Continue reading…

Source : theguardian.com
Read more…TUC urges Theresa May to help rein back directors’ pay

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