FTSE bosses see 11% pay jump as think tank calls for RemCo reform
'Fat Cat' Friday
FTSE 100 CEOs earned an average of £3.9m in 2018
A report from the High Pay Centre and CIPD has called for corporate governance reform, highlighting the shortcomings of renumeration committees (RemCos) as it finds the average FTSE 100 CEO only needs to work until 1pm today (4 January) to earn the average full-time UK worker's annual salary.
The report, compiled by the think tank and professional body for HR and people development, found the UK's top bosses earned an average salary of £3.9m in 2018, an 11% increase on the £3.5m figure from...
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