Directors See Huge Pay Rises

Directors of FTSE-100 companies saw their total remuneration increase by an average of 55% in 2010 with Chief Executives taking home an average of £4.9m in total earnings. Total board pay in the FTSE-350 as a whole increased by an average of 45% according to the latest Directors Pay Report by Incomes Data Services. There is a risk that the attitude of getting back to 'business as usual' so soon after the 3.6% increases of the previous year will upset shareholders.