Monday 5 July 2010

UK: the Manifest and MM&K executive remuneration survey

Today's Guardian newspaper reports - see here - the results of the latest remuneration survey conducted by MM&K and Manifest. According to the Guardian's report:

Chief executives of FTSE 100 companies have seen their remuneration rise by 5% to an average of £3.1m since 2008, while earnings per share fell by 1% over the same period ... Over the past 10 years chief executive remuneration has quadrupled while share prices have declined, suggesting little or no link between rewards, performance and shareholder value, according to MM&K and Manifest".

The full survey results are not available free of charge although MM&K have published a short overview, including a useful graph showing the composition of CEO pay over the past 10 years, here (pdf).

No comments: