Thursday, August 19, 2021

CEOs Still Rich


 The median pay of a chief executive of a FTSE-100 firm - the UK's blue-chip company index - was £2.69m in 2020, according to the High Pay Centre.

The research also showed that the average chief executive earnings at the nine FTSE-100 companies that used the furlough scheme to pay their employees was £2.39m.

The bosses of Britain's biggest companies earned 86 times the average full-time wage last year.

The think tank's research revealed average bonus size was £828,000 last year.

Meanwhile, the average long term incentive plan payment was £1.38m.

 High Pay Centre director Luke Hildyard, explained,  UK's high chief executive pay reflected a wider gap between rich and poor in Britain than in most other European countries.

Pascal Soriot of drugs giant AstraZeneca was the highest-earning chief executive, making £15.45m last year.

Brian Cassin of credit reference agency Experian made £10.3m.

Albert Manifold of building materials company CRH received £9.92m.

Laxman Narasimhan of consumer goods firm Reckitt Benckiser was fourth with £9.24m

 Rob Perrins of housebuilder Berkeley, made £8.03m.

FTSE bosses earn 86 times more than average worker in 2020 - BBC News

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