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| Boss and workers' pay gap widens | Boss and workers' pay gap widens |
| (20 minutes later) | |
| The pay gap between FTSE 100 bosses and the UK's work force is widening, research by the Incomes Data Services (IDS) shows. | |
| Average earnings of the top company executives are a record 98 times more than a typical employee, IDS said. | |
| Ten years ago the pay differential was 39 times that of the average worker. | |
| A FTSE 100 chief executive in 2005-6 saw their pay rise, on average, 43% to £2.9m - just £730,000 of which was made up by salary. | A FTSE 100 chief executive in 2005-6 saw their pay rise, on average, 43% to £2.9m - just £730,000 of which was made up by salary. |
| The rest came from bonuses, share options and added perks. | The rest came from bonuses, share options and added perks. |
| The average bonus is 130% of an executive's salary, up from 100% a year ago, the IDS study found. | The average bonus is 130% of an executive's salary, up from 100% a year ago, the IDS study found. |
| Earnings leapt | Earnings leapt |
| Just more than half of all FTSE 350 chief executives - made up of those in the FTSE 100 and the second-rung FTSE 250 - earned more than £1m. Five executives saw earnings top £10m. | Just more than half of all FTSE 350 chief executives - made up of those in the FTSE 100 and the second-rung FTSE 250 - earned more than £1m. Five executives saw earnings top £10m. |
| Sir Martin Sorrell, head of advertising firm WPP, is the highest paid FTSE 100 executive, earning £17.1m in total remuneration in the year to July, according to IDS. | Sir Martin Sorrell, head of advertising firm WPP, is the highest paid FTSE 100 executive, earning £17.1m in total remuneration in the year to July, according to IDS. |
| The Directors' Pay Report found since 2000, the earnings of FTSE 100 chief executives had leapt 102.2% while the average employee had seen their pay rise 28.6% in that period. | The Directors' Pay Report found since 2000, the earnings of FTSE 100 chief executives had leapt 102.2% while the average employee had seen their pay rise 28.6% in that period. |
| A report by accountants Deloitte last month found the average pay of bosses running the UK's top 350 listed firms rose by 28% last year. | A report by accountants Deloitte last month found the average pay of bosses running the UK's top 350 listed firms rose by 28% last year. |