The UK's Guardian newspaper has published its 2008 survey of executive pay. This confirms the trends in FTSE100 company directors' pay reported in earlier posts (e.g., here), particularly with regard to the increasing gap between directors of the largest and smallest companies in the FTSE100 index. The survey found a decline in the average remuneration of chief executives (down to £ 2.8 million from £ 2.9 million in the previous year) and other executive directors (a fall from £ 1.8 million to £ 1.4 million).
UK: Guardian executive pay survey published
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The UK's Guardian newspaper has published its 2008 survey of executive pay. This confirms the trends in FTSE100 company directors' pay reported in earlier posts (e.g., here), particularly with regard to the increasing gap between directors of the largest and smallest companies in the FTSE100 index. The survey found a decline in the average remuneration of chief executives (down to £ 2.8 million from £ 2.9 million in the previous year) and other executive directors (a fall from £ 1.8 million to £ 1.4 million).
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