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| english, free, cartoons, news & information, kid storytelling, compact disc, child american stories, shop, subscriptions, stampfer, gwinnett, jazz festivals, petitionspot create a free online petition online petitions official, fatcat boogie mat refillable catnip mat, brooms and brushes - fiction., neighborhood, budget, dedicated hosting, juvenile fiction / readers / beginner, 0345434587, rewards, jungle, urban legend and folklore, city hall, | The same lack of transparency has muddied the waters this year, the report said, because the real value of a CEO's pension and share awards – and cartoon images thus their total remuneration package - is not disclosed in companies' annual reports.And Weight reiterated his criticism of companies reporting practices, saying that the link between pay and performance remains a "myth".One exception to this was Glaxo, cartoon images who Weight praised cartoon images for "leading the way in terms of well-balanced incentives and linkage of wealth to company performance".Glaxo CEO, Jean-Pierre Garnier, was the UK's highest paid chief executive last year, with total remuneration of £9.2m. |
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| IRS research comes after a similar exercise carried out 18 months urban legend and folklore ago by compensation consultancy, Halliwell Consulting. It revealed that eight out of 10 FTSE 100 companies offered 'incentives' to Directors even if they failed to meet analysts' expectations. The link between pay and executive performance was a "nonsense", Halliwell said at the urban legend and folklore time.Meanwhile IRS also found that the average CEO has a pension pot worth £7m, compared with shares and options worth £5.8m. On average, pension awards not related to performance accounted urban legend and folklore for 20 per cent of annual pay."Most CEOs have much more in their pension pot than they have invested in shares of their company. Should it not be the other way round?" asked the report's author, IRS Director Cliff Weight.In the same study last year, Weight slammed companies for failing to make clear in their annual reports the real sums being paid to their executives, saying that "CEOs are getting bread, butter, jam and cream." |
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