Advertisement
Canada markets close in 1 hour 21 minutes
  • S&P/TSX

    21,974.36
    +88.98 (+0.41%)
     
  • S&P 500

    5,106.14
    +57.72 (+1.14%)
     
  • DOW

    38,287.62
    +201.82 (+0.53%)
     
  • CAD/USD

    0.7319
    -0.0004 (-0.06%)
     
  • CRUDE OIL

    83.82
    +0.25 (+0.30%)
     
  • Bitcoin CAD

    87,569.77
    -574.09 (-0.65%)
     
  • CMC Crypto 200

    1,332.50
    -64.03 (-4.59%)
     
  • GOLD FUTURES

    2,352.30
    +9.80 (+0.42%)
     
  • RUSSELL 2000

    2,002.94
    +21.82 (+1.10%)
     
  • 10-Yr Bond

    4.6730
    -0.0330 (-0.70%)
     
  • NASDAQ

    15,932.76
    +321.00 (+2.06%)
     
  • VOLATILITY

    15.07
    -0.30 (-1.95%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6837
    +0.0016 (+0.23%)
     

Britain's CEO pay climbs 11% in one year — as working wages flatline

The report comes at a time of growing shareholder activism over big pay-outs, with companies including BT, Royal Mail and WPP all being forced to contend with stormy annual investor meetings over recent months. The research, published Wednesday, by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre showed a full-time worker on a median salary of £23,474 would need to work 167 years to earn the median annual pay of a FTSE 100 chief executive — up from 153 years in 2016. Women were found to represent just 7 percent of FTSE 100 bosses and accounted for just 3.5 percent of their total pay.