Thursday, September 22, 2005

Non-executive directors see pay rise by 13%


Non-executive directors have seen their pay increase twice as fast as other executives in the past year, according to research by KPMG.

The average non-executive director of an FTSE 100 company (excluding chairmen) now earns £48,000, an increase of 13% on last year.

This is almost double the 7% rise in salary that executive directors received on average in 2004.

KPMG said the pay rises reflected the increased “responsibility and risk” that non-execs faced.

See full Article.