FTSE 350 FDs scoop £213m in 2012

FTSE 350 FDs scoop £213m in 2012

Financial Director's 2013 Salary Survey sees FDs' total average pay hold up at more than a million pounds

FTSE 100 finance directors picked up an average total pay of £1.15m in 2011/12, while the FTSE 250 FD saw average pay at £586,384.

According to the 2013 FD Salary Survey by sister publication Financial Director, 57 FDs earned in excess of £1m in the 2011/12 financial year, while 195 topped £500,000.

Salaries have held relatively steady in recent years, with Financial Director‘s previous survey of a mix of 2009 and 2010 accounts revealing average total pay of £1.10m.

Last year, the total salary of the FTSE 350 reached £213m, of which £104m in bonuses were awarded during the same period.

Importantly, however, a fair chunk of this was deferred. As much as £31m was mandatorily deferred, while £3.8m was deferred on a voluntary basis and 25 finance directors within the list took no bonus at all last year.

Click here to view the full survey and data here

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource