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21/08/2001
UK chief executives see pay package rise
Chief executives across the UK's leading companies have seen their pay packages rise by almost 15 per cent during the past 12 months.
The new survey by Pricewaterhousecoopers subsidiary, Monk Partnership, revealed that the new figures had pushed the average salary above the £500,000 mark.
In addition, bonuses rose to an average of 47 per cent of the chiefs' salaries from just under 40 per cent during the previous year.
Analysing the report, consultant David Atkins said: “We are looking at these increases through the eyes of August 2001, which is a very different market from one, two years ago when these pay levels were set.”
A "shortage of individuals with skill and experience to manage businesses which increasingly are global" helped boost the salaries last year. Chief executives of consumer goods companies were the best paid with average salaries in excess of £1million. (MB)
The new survey by Pricewaterhousecoopers subsidiary, Monk Partnership, revealed that the new figures had pushed the average salary above the £500,000 mark.
In addition, bonuses rose to an average of 47 per cent of the chiefs' salaries from just under 40 per cent during the previous year.
Analysing the report, consultant David Atkins said: “We are looking at these increases through the eyes of August 2001, which is a very different market from one, two years ago when these pay levels were set.”
A "shortage of individuals with skill and experience to manage businesses which increasingly are global" helped boost the salaries last year. Chief executives of consumer goods companies were the best paid with average salaries in excess of £1million. (MB)
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31 August 2011
Women Still Falling Behind In Salary League
Equal pay between the genders in NI is in focus today with a leading businesswoman, Roseann Kelly of Women in Business NI commenting on the figures suggesting that there is still a significant gender pay gap. "Unfortunately the existence of a gender pay gap is not a shock to Women in Business NI.
Women Still Falling Behind In Salary League
Equal pay between the genders in NI is in focus today with a leading businesswoman, Roseann Kelly of Women in Business NI commenting on the figures suggesting that there is still a significant gender pay gap. "Unfortunately the existence of a gender pay gap is not a shock to Women in Business NI.
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