Thursday, 21 January 2010

UK: PwC's executive compensation review 2009

PwC has published Executive Compensation: Review of the Year 2009: see here (pdf). The review provides an overview of trends in remuneration, based on data from company year ends falling between July 2008 and June 2009 (and prospective data where available), and reports, for example, that: 
  • Around 1 in 6 FTSE100 executive directors did not receieve a bonus.
  • 20% of FTSE100 companies saw more than 1 in 5 of their shareholders withhold support for their remuneration report.
  • Median increases in the base salary for FTSE 100 and FTSE 250 executives fell to 1% and 0%, respectively. 

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