Thursday, May 14, 2020

Super salaries at the supermarkets

Dave Lewis, Tesco’s chief executive has been handed a £6.42m pay package.

Lewis, who will leave the business in September, has received a £2.4m annual cash bonus and another £2.4m long-term share bonus on top of £1.6m in basic salary and benefits. His basic salary alone is 355 times that of the lowest-paid average employee.

Lewis, who will leave the business in September, has received a £2.4m annual cash bonus and another £2.4m long-term share bonus on top of £1.6m in basic salary and benefits. His basic salary alone is 355 times that of the lowest-paid average employee.

Morrisons revealed that its chief executive, David Potts, received a total £4.2m pay package last year including a £2.3m long-term share bonus. 

https://www.theguardian.com/business/2020/may/13/tesco-chief-executive-handed-642m-pay-package-dave-lewis

No comments: