FTSE 100 | Firms paying CEOs millions choosing to furlough staff

Firms paying CEOs millions choosing to furlough staff

FTSE 100 firms that have furloughed staff under the Government’s Coronavirus Job Retention Scheme (CJRS) paid their chief execs an average of £3.6million per year before the pandemic hit, a new analysis has claimed.

The research, from thinktank The High Pay Centre, claimed that, as of April 22, 2020, the 18 companies who announced that they would use the CJRS scheme, spent a combined £321million on chief executive pay over the last five years – The Guardian reported.

Annual packages are now available for £175...

Join our growing community of forward thinking HR leaders and get unlimited access to the full archive, as well as exclusive reports, how-tos, deep dives, and video interviews.

* Billed via Credit/Debit card at £175 for first year, then £299 per annum.
One time use only. New customers only. Offer expires 11:59pm Sunday 11th December 2022.

Welcome Back