Switzerland's top managers earned on average 143 times more than their lowest paid employees in 2023. According to trade union Unia, the pay gap continues to widen. UBS CEO Sergio Ermotti earned CHF14.4 million in nine months, or CHF84,000 per working day. In a single day, Ermotti took home 1.5 times more than the annual pay of the lowest-paid employee at UBS. Five Swiss company CEOs earned more than CHF10 million, according to Unia research.
SWI swissinfo.ch ’s Post
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🚨 Breaking News: Lower Executive Pay in the UK 'Risks Drain of Talent to America' - The Times 🚨 The recent report from The Times reveals a concerning trend in the UK's executive job market. With lower pay for top-tier positions, there is a growing risk of losing valuable talent to the enticing opportunities across the pond. This shift could have significant implications for businesses and the overall economy. As professionals, it's crucial to stay informed and engaged in conversations surrounding this issue. Let's discuss how this could impact the future of the UK workforce. #ExecutivePay #TalentDrain #UKJobMarket https://ift.tt/JxB7DFk
🚨 Breaking News: Lower Executive Pay in the UK 'Risks Drain of Talent to America' - The Times 🚨 The recent report from The Times reveals a concerning trend in the UK's executive job market. With lower pay for top-tier positions, there is a growing risk of losing valuable talent to the enticing opportunities across the pond. This shift could have significant implications for businesses and...
thetimes.com
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The 2024 AGM season is likely to provide early indications of the evolution of the executive pay model in the UK, with the potential for a greater shift in 2025. We have now published our FTSE 100 mid-AGM season executive remuneration update based on the first 65 FTSE 100 companies to publish their 2023 Annual Report. Read more below. #executivepay #PwCUK
We have now published our FTSE 100 mid-AGM season #executivepay update based on the first 65 FTSE 100 companies to publish their 2023 Annual Report. Our analysis shows that average total remuneration of FTSE 100 CEOs was slightly higher last year (up 7% versus 2022), primarily driven by higher long term incentive outcomes. We’re seeing more companies seeking support for substantially higher pay packages this year, in the context of the growing debate about the UK’s competitiveness and the role that executive remuneration can play. Of the 18 FTSE 100 companies putting forward a new Remuneration Policy for shareholder approval at their 2024 AGM, 9 of them are proposing increases to variable pay opportunities (and 2 proposing "non-standard" structures). A further 9 companies are increasing variable pay opportunities within their existing Policy limits. On this basis, the 2024 AGM season is likely to provide early indications of the evolution of the executive pay model in the UK, with the potential for a greater shift in 2025 as companies adopt a “wait and see” approach. See below for a summary of the key findings from our analysis. Please get in touch if you would like a copy of our report!
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Attached is our recent report on the AIM 100 Directors’ Remuneration. For the eighth year running, we have researched the remuneration of directors of AIM listed companies. The latest report highlights a stark difference from last year where significant bonuses and strong growth in C-suite remuneration packages were seen in the bounce back following the pandemic. This year, the report shows a significant slowdown in C-Suite salary growth, and overall remuneration packages have seen mixed growth. We wonder if the global volatility has affected the pay for AIM executives.
For the eighth year running, we have researched the remuneration of directors of AIM 100 listed companies, providing up to date market intelligence and benchmarking across salary, bonuses and gender diversity. Recent economic and geopolitical events have changed the landscape of the AIM 100. 2023’s AIM 100 included over twenty new entrants, reflecting some of the economic turbulence of the last couple of years. Take a look at our latest AIM 100 Directors’ Remuneration Report to find out whether these uncertainties have impacted the way AIM executives are compensated. https://lnkd.in/eDZMk48W #AIM100 #NEDs #DirectorsRemuneration https://bit.ly/3wJ1g3r
AIM Directors' Remuneration Report 2023
bdo.co.uk
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🚀 Exciting news from the AIM market! The latest BDO AIM Directors' Remuneration Report is out, and it's packed with insights that are turning heads! 📈 👔 CEO and CFO salaries are on the rise, with CEOs hitting a median of £363,100 in 2023 – that's a solid 5.4% annual increase over three years. CFOs aren't far behind, with a median salary of £268,000, marking an impressive 8.5% jump from last year. 💰 Bonuses are booming too! A whopping 75% of CEOs and CFOs bagged a bonus in 2023, making up a third of their total pay packages. 🌟 And while we're seeing strides in gender diversity on AIM 100 boards, there's still a way to go with female representation at 22%. 🔍 Want the full scoop? Dive into our report for a deep dive into the numbers and what they mean for the AIM market. 🔗 [Click here to read the full report](https://lnkd.in/eKyMgf_g) #AIMMarket #DirectorRemuneration #SalaryTrends #GenderDiversity #BDOInsights #FinancialLeadership #ExecutiveCompensation #BusinessGrowth #CorporateGovernance 👇 Share your thoughts on these trends in the comments below or drop me a message to discuss these insights can impact your strategy!
For the eighth year running, we have researched the remuneration of directors of AIM 100 listed companies, providing up to date market intelligence and benchmarking across salary, bonuses and gender diversity. Recent economic and geopolitical events have changed the landscape of the AIM 100. 2023’s AIM 100 included over twenty new entrants, reflecting some of the economic turbulence of the last couple of years. Take a look at our latest AIM 100 Directors’ Remuneration Report to find out whether these uncertainties have impacted the way AIM executives are compensated. https://lnkd.in/eDZMk48W #AIM100 #NEDs #DirectorsRemuneration https://bit.ly/3wJ1g3r
AIM Directors' Remuneration Report 2023
bdo.co.uk
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Financial Security Advisor specializing in Financial Planning and Client Relations
During this period of global economic change, what steps are you taking to invest in the individuals who contribute to the success of your company? https://lnkd.in/gHG-MhUv
According to a 2022 SHRM report, 74% of HR professionals said inadequate compensation was the top reason employees leave their organization. Bank of America has paid more than $4 billion in stock awards and cash bonuses over the past 6 years to retain its workers. https://lnkd.in/gakDwuJH
Bank of America Employees to Share in Restricted Stock Award - BNN Bloomberg
bnnbloomberg.ca
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Obscene CEO pay... This is featured in #sustainability #education and is rightly cited in the Christian Sarkar and Philip Kotler (2019) diagram, 'The Ecosystem of Wicked Problems', although they describe it kindlier as excessive CEO pay. Despite being authored in 2019, here we are in 2024 experiencing a cost of living crisis only to be informed "Australian CEOs and other executives given double-digit pay rises amid cost-of-living crisis Chief executive salaries rose average 14% in past year." (Link to the full article in the comments section.) A great Australian bank that bucks this trend reported its CEO earns more slightly more than 1 million dollars, which pails in comparison to the Commonwealth Bank CEO who last year earned $10.4M. Observing this bank disclosed the average annual salary of its frontline employees is $81,247, assuming a CBA frontline employee is paid a similar annual salary, the CBA CEO earns 128 times more. That's what you call obscene, and this is one example. What is it with human nature that we can identify problems like obscene CEO pay and not act upon it? They say it's a VUCA world: volatile, uncertain, complex and ambiguous, so for now let's put it down to that and the broken system of capitalism. Either way this isn't plausible, and large Australian Corporations and their CEO's, Board and Executive teams need to do better. Perhaps a starting point it to learn about Kate Raworth's #donuteconomics
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For the eighth year running, we have researched the remuneration of directors of AIM 100 listed companies, providing up to date market intelligence and benchmarking across salary, bonuses and gender diversity. Recent economic and geopolitical events have changed the landscape of the AIM 100. 2023’s AIM 100 included over twenty new entrants, reflecting some of the economic turbulence of the last couple of years. Take a look at our latest AIM 100 Directors’ Remuneration Report to find out whether these uncertainties have impacted the way AIM executives are compensated. https://lnkd.in/eDZMk48W #AIM100 #NEDs #DirectorsRemuneration https://bit.ly/3wJ1g3r
AIM Directors' Remuneration Report 2023
bdo.co.uk
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Global labor force participation rates are near 30+ year lows according to research from the International Labour Organization. How can companies respond? In a new report, KKR explores how creating an ownership culture can transform employee experiences and “turn ordinary investment outcomes into extraordinary ones.” Download the full report at the 🔗👇:
Creating an Ownership Culture | KKR
kkr.com
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Global labor force participation rates are near 30+ year lows according to research from the International Labour Organization. How can companies respond? In a new report, KKR explores how creating an ownership culture can transform employee experiences and “turn ordinary investment outcomes into extraordinary ones.” Download the full report at the 🔗👇:
Creating an Ownership Culture | KKR
kkr.com
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Global labor force participation rates are near 30+ year lows according to research from the International Labour Organization. How can companies respond? In a new report, KKR explores how creating an ownership culture can transform employee experiences and “turn ordinary investment outcomes into extraordinary ones.” Download the full report at the 🔗👇:
Creating an Ownership Culture | KKR
kkr.com
