General Federation of Trade Unions

News Xtra

EXECUTIVE PAY RISES OVER 50%

Posted on Tuesday, November 01, 2011

Total earnings for senior executives in the UK’s FTSE 100 companies have seen massiove pay rises over the past year.. Whilst workers pay has slumped, chief executives received an annual jump of 43.5 per cent to £3,855,172, finance directors of 34.1 per cent to £2,001,515 and all other directors of almost two-thirds (66.5 per cent) to £2,260,033.

The statistics come from.es Data Services (IDS).Further research by the organisation found that the median pay settlement for those working in private businesses rose over the quarter to September to 2.6 per cent from 2.5 per cent during the three months to August, while private sector deals remained at zero for the same period. 


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