Executive pay 'cooling off'

Stat of the day: 8.5% - the average pay growth of company execs last year.

by Elizabeth Anderson
Last Updated: 27 May 2016

Have companies been spooked by the shareholder protests at many company AGMs this year? Pay rises for company executives are showing signs of cooling off, a report suggests. Earnings growth slowed in the past year to a median of 8.5%, research by Incomes Data Services (IDS) among CEOs in the FTSE-100 showed. Bonus pay fell by 2% to around £670,000.

'While the 'shareholder spring' has attracted a lot of attention recently, our analysis suggests that the pay packets for chief executives were already starting to reflect sentiment among shareholders and the wider public in the second half of 2011. There are definite signs of cooling off in executive pay awards,' IDS spokesman Steve Tatton said. We can't imagine this'll let companies of the hook that easily though...

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