US EditionTop UK Executive Pay at New Record as More Take Home £10m
Median FTSE 100 CEO pay rose 6.8% to £4.58 million in 2024/25 with 13 CEOs earning over £10 million, driven by post-Covid recovery and inflation, says High Pay Centre.
- Executive compensation at leading UK publicly traded companies reached an unprecedented peak in the 2024-2025 financial year, with an increasing number of FTSE 100 firms awarding their top executives salaries of at least £10 million.
- This surge follows previous increases, with the median CEO pay rising to £4.58 million, a 6.8% increase from the prior year, amid calls by a think tank to address excessive spending on top earners.
- Details show 13 FTSE 100 companies now pay their CEOs £10 million or more, up from 10 the previous year, including AstraZeneca's Pascal Soriot who earned £14.7 million in 2024.
- The High Pay Centre revealed that the average CEO of a FTSE 100 company earns 122 times more than the typical full-time employee in the UK, and the think tank called for reforms such as standardized pay disclosures and provisions aligned with the Employment Rights Bill.
- This data marks the fourth consecutive year of record CEO pay levels, highlighting ongoing concerns over pay disparities and prompting demands for corporate pay-setting reforms in the UK.
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The average remuneration of the FTSE 100 CEOs, the main selective index on the London Stock Exchange, reached a median of £4.58 million (€5.3 million) in year 2024/25, representing an annual increase of 6.8%, the fourth consecutive increase and the third time that the figure marks a new record, according to the analysis of the High Pay Centre.
Coverage Details
Total News Sources14
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
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