This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk/5397752.stm
The article has changed 6 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Bosses' pay boost beats workers | Bosses' pay boost beats workers |
| (about 5 hours later) | |
| The basic salaries of the bosses running Britain's 350 largest public companies rose to £350,000 last year: an increase of 7%. | The basic salaries of the bosses running Britain's 350 largest public companies rose to £350,000 last year: an increase of 7%. |
| A survey by the consultancy Deloitte found that this was 75% faster than average pay rises for all UK workers. | A survey by the consultancy Deloitte found that this was 75% faster than average pay rises for all UK workers. |
| And executives at the largest 240 companies, those worth more than £600m, can now expect to take home £1m a year. | |
| The study also found that only 3% of board level executives are women, the same amount as the previous year. | The study also found that only 3% of board level executives are women, the same amount as the previous year. |
| Carol Arrowsmith, from Deloitte, said the report showed that the gender imbalance still remains in the boardroom. | Carol Arrowsmith, from Deloitte, said the report showed that the gender imbalance still remains in the boardroom. |
| "You can count the number of female chief executives on the fingers of one hand." | "You can count the number of female chief executives on the fingers of one hand." |
| Pattern should change | Pattern should change |
| She said appointments are usually made on the experience of the candidate, so as more women enter the business world, this pattern should change in the future. | She said appointments are usually made on the experience of the candidate, so as more women enter the business world, this pattern should change in the future. |
| Guidelines were introduced in 2002 to bring diversity into the boardroom, but the main effect has been a reduction in executive board members, which is down a fifth. | Guidelines were introduced in 2002 to bring diversity into the boardroom, but the main effect has been a reduction in executive board members, which is down a fifth. |
| One reason to explain the lack of women at top levels is that they often cut back on their hours after starting a family thereby ruling themselves for promotion. | One reason to explain the lack of women at top levels is that they often cut back on their hours after starting a family thereby ruling themselves for promotion. |
| Meanwhile, a chief executive now earns an average salary of £2.4m a year, while a finance director receives an average of £1.1m, the Guardian's annual survey of executive pay found. | Meanwhile, a chief executive now earns an average salary of £2.4m a year, while a finance director receives an average of £1.1m, the Guardian's annual survey of executive pay found. |