CEOs who run the largest listed companies in London have seen their salaries increase more From double The rate of A survey revealed that annual inflation in Britain, with rising executives’ bonuses.
the total compensation for CEOs at FTSE 100 companies jumped nearly 22% to average of 3.9 million pounds ($4.5 million) in 2021/22 comparison with PwC’s accountants disclosed the previous 12-month period.
The UK annual inflation rate has reached a four-decade high above 10%, while it is a majority of The country’s workers are receiving big wage increases below this level.
“the increase in Executive salaries and bonuses highlights That the FTSE 100 companies have been strengthened by the opening of the business up And the demand Andrew Page, CEO, said: compensation Leader in PricewaterhouseCoopers UK.
“However, looking forward … higher Pay results are likely to be met with More investor scrutiny, in particular in Context of rising Inflation and wage increases across the workforce.”
cross workers various Sectors gone on Hit across Britain this year in An attempt to secure wage increases that match inflation.
Call the railway workers off they latest industrial strike, however, in Hope of Securing a deal deemed acceptable to thousands of Workers.
At the same time, teachers and nurses threaten to go on strike.
“Over the past A decade or so, investors began to take tougher Line on Executive Salary, “Lobby group Campaigns for fair pay for All the workers said in Reaction to the CEO salary report.
However, high wages center also The French news agency (AFP) said that the compensation was paid of 3-4 million pounds for Most CEOs of the FTSE 100 Indexamount to pay over 100 times who – which of The average worker in the UK, historically too high in Context of The past half-century.
“The effect of Investor scrutiny was meant to contain pay gaps, not too much reduce for them ” added.
CEO salaries have been reduced or frozen during the rise of Pandemic is like companies, like British Airways parent IAG, incurred huge losses due to the shutdown.
Others are listed on The benchmark FTSE 100 index, particularly supermarkets including the largest British retailer Tesco, posted high profits.
PricewaterhouseCoopers added The ratio of executive managers with Salary freezes this year It fell to 15% from 43%.