Company directors have enjoyed pay increases almost twice the size of the average UK executive over the past 12 months, according to salary data published today by the Chartered Management Institute (CMI) and XpertHR. The differences are largely due More...10 April 2013 00:01
Excessive pay for directors and all-male boardrooms will be challenged at annual general meetings (AGMs) by a significant new group of shareholders formed from major unions. The Trade Union Share Owners group, established by the TUC, Unison and Unite More...28 March 2013 09:10
The average female executive will earn £400,000 less than her male counterparts over her career lifetime, according to the Chartered Management Institute's (CMI) annual gender salary survey, based on data from XpertHR . The repo More...07 November 2012 06:00
Executive pay has received significant attention over the last 12 months and the Department for Business, Innovation and Skills has consulted extensively on further regulation of director pay in quoted companies. Draft revised remuneration reportin More...23 August 2012 09:44
The Government has announced that it will give shareholders "binding votes" on executive pay and exit payments, in "the most comprehensive set of reforms" of the framework for directors pay in a decade.
Under the reforms, companies will require More...20 June 2012 16:22
Directors with HR backgrounds are "seriously under-represented" in the boardrooms of the UK's largest companies, making up less than 1% of their board members. This is according to research from HR recruiter Ortus, which found that, of the 595 board More...10 May 2012 14:38
Royal Bank of Scotland (RBS) chief executive Stephen Hester may have bowed to public pressure and waived a £1 million bonus, but how much can executive pay really be reined in? Employment lawyer Emma Sanderson looks at Vince Cable's proposals to limit b More...30 January 2012 13:17
The Government's plans for an overhaul of the executive pay system have been announced.
The proposals were first outlined in September 2011 by business secretary Vince Cable and more detail has been provided in a speech given to MPs.
Speaking in More...24 January 2012 12:02
FTSE 100 executive directors pocketed a 49% increase in remuneration in 2010, bringing the value of their salary, bonuses and other incentives to an average of £2.7 million.
While salaries rose by 3.2%, bonuses increased by 23% to an average of £906 More...28 October 2011 09:34
Business secretary Vince Cable has outlined plans to overhaul executive pay, and has suggested giving more power to shareholders to veto pay decisions.
Speaking at the Liberal Democrat autumn conference in Birmingham, Cable launched a consultation o More...19 September 2011 16:30
Executive directors have seen pay rises above the level set for other employees, sparking concerns that the gap between pay for executives and other workers is set to grow again.
According to professional services firm Deloitte's "Executive director More...14 September 2011 15:55
The Government today published the Hutton Review of Fair Pay in the Public Sector. Will Hutton was commissioned by the Prime Minister and the Chancellor to make recommendations on promoting pay fairness in the public sector. The review makes a More...15 March 2011 16:43
Will Hutton's review of fair pay in the public sector has proposed that pay should not be capped, but that it should be performance-related with the option for executive pay to be clawed back in the event of underperformance.
The review , pub More...15 March 2011 12:36
The salaries of top executives in the public sector must be reined in and a link established between the highest- and lowest-paid employees if pay inequality in the public sector is to be reduced, an employment expert has warned. Will Hutton, executive More...02 December 2010 08:58
A report suggesting that FTSE 100 executive directors saw their pay packets rise by more than 50% over the year to June 2010 has been described as a "significant misrepresentation of the facts ". Last week, Incomes Data Services (IDS) said that&n More...01 November 2010 12:45
Comparing the pay of directors and employees will do little to address concerns over executive pay unless disclosures are placed into context, PricewaterhouseCoopers (PwC) has warned. Speaking at the CBI conference on 25 October, business secretary V More...26 October 2010 16:32
The TUC was today urged to set up a "high pay commission" to investigate pay levels across the whole economy and shadow the public sector pay review commissioned by the Government earlier this summer. In June, Prime Minister David Cameron asked econo More...15 September 2010 15:24
Directors' pay and remuneration disclosures will be scrutinised in a new government consultation as part of a move to drive up corporate narrative reporting standards. The consultation , which runs for 11 weeks, examines how best to ensure that cor More...03 August 2010 10:02
FTSE 100 bosses have seen their pay rise by 5% to an average salary of £3.1m despite the recession, new research has shown. The study, by pay consultancy MM&K, found the salary packages of chief executives of FTSE 100 companies had quadrupled ove More...05 July 2010 08:08
The names of the BBC's top-earning stars should be made public where possible, according to the chairman of the BBC Trust.
Outlining plans to slash pay, Sir Michael Lyons called for greater transparency and said every pound the BBC takes from licenc More...01 July 2010 09:25