TITLE

Boardroom pay up 10 per cent in 2008, says survey

AUTHOR(S)
Brockett, James
PUB. DATE
September 2009
SOURCE
People Management;9/24/2009, Vol. 15 Issue 20, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the survey conducted by newspaper "Guardian" that reveals that top executives in Great Britain received a 10% basic pay increase despite the recession. The survey disclosed that FTSE-100 executives were the one who enjoyed the increase, which is way far from the 3.1% average rise for private-sector executives. Bart Becht of Reckitt Benckiser and Chip Goodyear of BHP Hilton were among the highest paid in the survey. The rises was done before FTSE stocks dropped by 33% and before the implementation of the general pay freeze.
ACCESSION #
44811124

 

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