Menu
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)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
04 March 2002
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
26 July 2001
CEO salary revelation fuels calls for pay accountability
Adding further fuel to ‘fat cat’ allegations, a survey by a leading business magazine has found that chief executives in the UK are the best paid in Europe.
CEO salary revelation fuels calls for pay accountability
Adding further fuel to ‘fat cat’ allegations, a survey by a leading business magazine has found that chief executives in the UK are the best paid in Europe.
29 August 2001
UK’s top directors pay increase is five times the average rise
A survey for The Guardian newspaper by compensation consultants Inbucon has revealed that Britain's top directors received an average pay rise of 28 per cent last year, more than five times higher than the rise in the UK's average wage.
UK’s top directors pay increase is five times the average rise
A survey for The Guardian newspaper by compensation consultants Inbucon has revealed that Britain's top directors received an average pay rise of 28 per cent last year, more than five times higher than the rise in the UK's average wage.
05 April 2002
Prudential pay increase comes in for criticism
UK insurer Prudential has come under attack after it emerged that its board awarded itself a 44 per cent pay rise in 2001, while most of the company's staff got less than four per cent.
Prudential pay increase comes in for criticism
UK insurer Prudential has come under attack after it emerged that its board awarded itself a 44 per cent pay rise in 2001, while most of the company's staff got less than four per cent.
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.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
