April 10, 2013
Bosses bonus boom widens long-term pay gap
Among the renewed debate on whether the Thatcher years sowed the seeds of social and economic inequality, comes new salary data by the Chartered Management Institute (CMI) and XpertHR, which reveals company directors (including chief executives) enjoyed pay increases almost twice the size of the average UK executive over the last 12 months. The research also found that the number of employers struggling with staff recruitment continues to increase year-on-year. Almost two thirds (64.7 per cent) of employers experienced problems with staff recruitment over the last 12 months – up from 58.7 per cent in the 2012 report and 48.9 per cent in 2011. More →