UK CEOs get record pay in 2023, research shows

Quick Summary:

Median pay for FTSE-100 company CEO rose 2.2 per cent to 4.19 million pounds last year.

But some UK fund managers are backing calls to give boards more flexibility on paying top talent, to staunch a brain drain to countries where pay is less of a hot topic.

Mr Hildyard added that Britain had “a business culture that puts the interests of investors before workers, customers, suppliers and other stakeholders”.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Million Showed Company Research Ftse-100 Pounds Year British Centre Median Companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 08:06:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22022392

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 13 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

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Publisher ID: #25

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