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CEO pay falls to lowest level in five years

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Executive Grapevine | Executive Grapevine International Ltd

CEO pay falls to lowest level in five years

Whilst many workers dream of earning the kind of salary that comes with a CEO title at a multi-national company, the latest data from Deloitte has discovered that the gap between pay for FTSE 100 Chief Executives and their employees is at its closest for five years – as companies bow to pressure from investors to lower c-suite compensation.

The average pay packet for an FTSE 100 CEO in the last financial year totalled £3.4million – this is down from an average of £4million in the previous 12-month period – according to Deloitte. This represents the biggest drop in annual salary in five years.

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