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Top FTSE company pay as a multiple of average employee pay

Pinched from the BBC here. The BBC piece will tell you quite a bit you probably didn’t know about executive pay:

“Despite some high-profile examples of pay excess, the broader picture may reveal a different story.

Research published last September by corporate governance adviser Manifest and consultants MM&K found that among 665 companies studied, the median rise in remuneration was about 2%-3% in 2010.

The biggest increase was among FTSE 100 chief executives, at 14%, a rise driven primarily by the vesting of long term incentive packages rather than a rise in basic pay.”

The full story is here. Not as simple as it sounds. But nothing ever is.