CEO income grew twice as fast as inflation

Inflation in the UK has led to institutional problems resulting from a change of government huge rallies With calls for early elections and measures against the loss of purchasing power. In parallel with Bank of England It implemented the largest interest rate hike in 33 years in an effort to contain inflation.

The rise Of this revenue is largely due to Increase in premiums after “reopening businesses and the return of demand after the epidemic” Confirms Andrew Pagemanager compensation specialist at PricewaterhouseCoopers.

Average income of board members FTSE 100, which collects the top 100 assessments of the London Stock Exchangewent from 3.2 million pounds to 3.9 million (4.5 million euros, + 22%) in the 2021-2022 fiscal year, PricewaterhouseCoopers outlined in a statement on Monday.

Senior Manager Rewards have receded during the pandemicAfter cuts in wages and bonuses, voluntary or less Pressure from shareholders or investors.

However, since then it has risen powerfully again and is there pre-pandemic levelsAccording to several studies.

“Over the past decade, Investors are starting to tighten With regard to the remuneration of members of the Board of Directors” and FTSE companies pay 100 Rarely have their CEOs behind them.”Three to four million pounds annuallyHildyard says.

though”This is equivalent to paying more than 100 times the salary of the average British workerHe insists, strikes in the UK have multiplied for months to demand better wages in the face of general inflation.

The British government will have to present a new budget in the coming days, after the former prime minister, Liz Truss, was forced to resign due to the crisis launched by her project, which proposed tax cuts, the abolition of restrictions on bank managers’ profits and increased spending, especially on energy subsidies.

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new prime minister, Rishi SunakHe said his budget would include anti-inflation measures.

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