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Recession | CEO pay falls to lowest level in five years

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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