aop
ad

Executive salaries set for modest rise

by Kevin Reed

More from this author

31 Aug 2011

PwC logo

EXECUTIVE SALARIES are expected to increase by between 2% to 4% in 2012, according to a PwC survey of FTSE-350 recruiters.

Around two-thirds (65%) believe base salaries will rise, while 30% say they will lift salaries alongside other components, such as long-term incentives.

Not all expect remuneration growth, though. Around 13% expect pay freezes, while 85% expect no increase in bonuses.

"Even moderate pay increases in line with inflation are likely to prove controversial given the growing public and political pressure to address the widening gulf between the highest and lowest earners, compounded by tough economic conditions," said Sean O'Hare, reward partner at PwC.

"But whether anticipated salary rises play out next year will depend on whether markets improve. Increases that are not aligned to company and share price performance are likely to meet strong resistance from shareholders."

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities