Thursday, June 24, 2010

Boardroom bonuses bounce back


Did someone say there was a crisis?

Onésimo Alvarez-Moro

See article:
Plcs see bonuses rise out of the ashes, but small firms aren't so lucky.
After three years of pay cuts, denied bonuses and strike threats, being a board member looks like it’s going to start being fun (or at least lucrative) again: a report by Incomes Data Services says bonus levels in FTSE 100 boardrooms have staged ‘a dramatic recovery’, jumping by an average of 22.5% over the past six months to just shy of £559,000. Salaries have taken a similarly pleasing upward trajectory, rising by 7% from last year. Could this be the strongest sign yet that UK plc is finally showing some confidence in economic growth?

See full Article.