High Pay Centre and CIPD research reveals that chief executive pay continues to rise, in spite of opposition.
Median pay for a FTSE 100 chief executive rose 11% in 2017, according to new research.
The median pay for a CEO in the top 100 companies has now reached £3.93m per year, according to research from the High Pay Centre and CIPD, the professional body for human resources professionals.
In a forward to their joint report, Luke Hildyard of the High Pay Centre, and Charles Cotton, CIPD's senior advisor on performance and reward, said there had been considerable pressure for lower pay from government and regulators.
"In this context, we might have expected greater downward pressure to be exerted on top pay by remuneration committees and sh
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