Summary
Union leaders yesterday attacked the 'stratospheric' level of directors' pay after new research showed that chief executives earned almost 100 times more than their staff. Pay analysts Incomes Data Services (IDS) said average earnings of top executives had doubled since the year 2000. The pay of chief executives of the top 100 firms in the country had jumped by 43% from just over pounds 2m to pounds 2.8m in the past year alone, said the report.
The earnings included basic wages, long-term incentive payments and gains made from selling share options.See the full content of this document
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Executive Pay Is Out of Control, Says Tuc
The new figures showed that the country's top 100 company executives now...
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