Something I don\’t know and wondering whether anyone does.
Executives at Britain\’s top companies saw their basic salaries leap 10% last year, despite the onset of the worst global recession in decades, in which their companies lost almost a third of their value amid a record decline in the FTSE.
This rise in pay: is it including or not including the pay rises which one assumes that people will get when they are promoted to a board/CEO position?
In other words, is it the pay rise that the CEO position gets, or is it the pay rise that someone becoming CEO gets (or even a combination of the two?).
At the other end of the spectrum, the worst-paid staff are those working in the retail and leisure sectors and for mining companies.
Including the miners there is a bit off: we\’ve virtually no mining in this country so almost all of those \”low paid\” miners are in lower wage countries.