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FTSE 100 CEOs received another pay rise this year, this time of ten per cent, a report by the High Pay Centre found, compared to two per cent for the average worker, according to the Office for National Statistics.
Executive pay has dominated the headlines all year: as their pay swells it seems that everyone else’s seems to stagnate.
Hermes Investment Management released a report last month detailing exactly why companies to review, and overhaul, these executive pay structures.
It explains that restructuring remuneration practices helps a business in the long-term, whilst simultaneously allowing them to address the issue of fairness.
