Executives’ pay leaps 16 per cent

UK
executive salaries jumped by 16.1 per cent in 2001 – almost three times the
national average.

An
independent poll of directors earning more than £500,000 a year found that the
average salary in 2001 was £882,000.

According
to the Labour Research Survey this is the eighth consecutive year that
boardroom pay has increased.

www.lrd.org.uk

By Ross Wigham

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