- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Neil Hodge2024-01-15T14:16:00
The issue of “fat cat” pay awards was reignited in the United Kingdom after a think tank found a typical FTSE 100 chief executive officer earned the average annual salary for a full-time worker after just four days into the new year.
The analysis by the High Pay Centre (HPC) was based on remuneration disclosures from companies’ annual reports and government statistics on pay levels.
The HPC said median FTSE 100 CEO pay, excluding pension, is currently 3.81 million pounds (U.S. $4.8 million), compared to the median full-time worker’s pay of £34,963 (U.S. $44,500).
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The imposition of full border controls on goods entering the United Kingdom from the European Union will affect importers and their EU suppliers, and both are advised to prepare for increased checks, possible delays, and new charges.
The U.K.’s Department for Business and Trade named 524 businesses found to have failed to pay the national minimum wage, ahead of wage hikes for certain workers that will take effect April 1.
Lawyers and accountants in the United Kingdom have welcomed the publication of The Pensions Regulator’s new pensions code of practice but warned it might not improve the management of those that are not already well run.
Chief compliance officers are earning more than before compared to previous years of our “Inside the Mind of the CCO” survey, though trends like differences in gender pay persist.
McDonald’s has agreed to drop its lawsuit against disgraced former CEO Steve Easterbrook, who will return more than $105 million in equity and cash he received upon the termination of his employment in 2019.
Benchmark against your peers with chief compliance officer salary data from over 300 respondents to our annual Inside the Mind of the CCO survey.
