The average annual pay of a FTSE100 non-executive is now £40,000 at companies that have reviewed pay levels over the past 12 months.
The pay rises reflect the increased responsibilities placed on non-executives following a review of the sector by Sir Derek Higgs last year.
The findings form part of the executive reward survey 2004 by consultants Watson Wyatt, which looked at non-executive pay at 84 companies, including those in the FTSE100.
Since the Higgs report boards have been keen to employ accountants to ensure technical ability in the eyes of investors. John Coombe, outgoing finance director of Glaxosmithkline, recently joined GUS as a non-executive director.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.