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- 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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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-04-09T14:10:00Z By Ruth Prickett
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.
2024-03-06T18:09:00Z By Ruth Prickett
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.
2024-01-22T13:00:00Z By Ruth Prickett
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.
2024-09-23T18:50:00Z By Neil Hodge
Four years post-Brexit, London-based Barclays became the first British bank to scrap bonus caps for its traders that were meant to curb excessive risk-taking with client cash, improve corporate governance, and restore faith in an industry most working people still hold responsible for 15 years of economic misery.
2022-12-14T13:00:00Z By Kyle Brasseur
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.
2021-12-17T20:42:00Z By Aaron Nicodemus
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.
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