Some 60% of companies have responded to the downturn by freezing salary levels in the past year, Hewitt New Bridge Street research shows.
The 2009 FTSE100 directors' remuneration report showed the median salary of FTSE100 highest paid directors stands at £800,000. Actual bonuses earned in 2008/09 have also reduced to around 90% of...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date