Bosses’ bonuses up by 187% since 2002
by Chris on Oct.28, 2011, under economics, politics
Average bonuses for directors of FTSE 350 companies have risen by 187% since 2002, without a corresponding rise in share prices, new research suggests.
The High Pay Commission said on Monday that average annual bonuses were worth 48% of salary in 2002, but are now 90%.
Commission chairman Deborah Hargreaves said it was a “myth” that big bonuses meant companies performed better.
Read more at:
BBC News – Bosses’ bonuses up by 187% since 2002, report suggests.
Related posts:
- Three Months After the riots and in the Middle of the ‘We’re All In This together’ Austerity Drive:Directors’ pay rose 50% in past year Pay for the directors of the UK’s top businesses rose...
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- And you may find yourself
- Bob Dylan
- ionarts
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- Mahler Blog
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- Mute
- On An Overgrown Path
- Rouge's Foam
- Shostakovich: The String Quartets
- Trouser Press
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- Vienna – City of Dreams.
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- And Now for Something Completely Different
- Box 3, Spool 5
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- Broken Power Lines
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- Chicago Political Workshop
- Continental Philosophy
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- Daily Nietzsche
- E Westacott
- Ernst Blog
- Hannah Arendt International
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- Je Est Un Autre
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- Justin Erik Halidor Smith
- K-Punk
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