The Independent - Pay hike sees FTSE 100 finance heads average £1.7m - "Finance chiefs of FTSE 100 companies enjoy an average pay packet of £1.7m a year, after those in this key role at UK-listed firms saw an inflation-busting 4.7 per cent average pay hike in the past year. That’s according to figures published by research firm Incomes Data Services (IDS), which also reveal an especially stark increase in the pay packets of finance bosses at companies listed on the junior market, Aim. These businesses saw the fastest growth in finance directors’ salaries, with an average increase of 5.9 per cent in the last year, taking their average salary to £143,000 and pay to £174,000 when bonuses, share-option profits and incentive payments are included. But clearly being a number cruncher at the helm of a FTSE 100 firm is the place to be to receive top dollar: the average pay of £1.7m per year includes salary, bonuses, share-option profits and incentive payments, but the mean salary alone was £502,000, a 3 per cent increase over 2012." Full article here - independent.co.uk/news/business/news/pay-hike-sees-ftse-100-finance-heads-average-17m-8784567.html
Posted on: Mon, 26 Aug 2013 07:08:18 +0000
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