UK to toughen executive pay rules. Business secretary Vince Cable will announce new rules to better link top leaders’ pay to a company’s performance. Between 1998 and 2010 average CEO pay rose 13% per year—and the FTSE100 blue chip share index didn’t rise at all

UK to toughen executive pay rules. Business secretary Vince Cable will announce new rules to better link top leaders’ pay to a company’s performance. Between 1998 and 2010 average CEO pay rose 13% per year—and the FTSE100 blue chip share index didn’t rise at all

“Under such circumstances, I would consider options including stricter regulatory oversight of pay reports and policies, a requirement on shareholders to disclose how they have voted on pay, or a requirement to consult employees on pay.”

http://www.nytimes.com/reuters/2014/03/25/business/25reuters-britain-executivepay.html?ref=business&_r=0

 

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