Wednesday, August 29, 2007

Boardroom pay at UK's top companies

Guardian reports that salaries of full –time directors in the UK soared 37% over last year.

 

To quote, "The ratio between bosses' rewards and employees' pay has risen to 98:1, up from 93:1 a year ago - meaning that the work of a chief executive is valued almost 100 times more highly than that of their employees."