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According to the Incomes Data Services (IDS) executive compensation review, published today Aim bosses' pay deals rose to £200,000 last year, despite Aim all-share index falling 60%.
The increase, well above the growth rate of pay across Britain in 2008 at 3.6% is in stark contrast to any performance deserving of a reward and fails to reflective the heavy losses sustained by shareholders. Whilst bonuses fell it appears that basic salaries were bolstered as a result.
According to the Incomes Data Services (IDS) executive compensation review, published today Aim bosses' pay deals rose to £200,000 last year, despite Aim all-share index falling 60%.
The increase, well above the growth rate of pay across Britain in 2008 at 3.6% is in stark contrast to any performance deserving of a reward and fails to reflective the heavy losses sustained by shareholders. Whilst bonuses fell it appears that basic salaries were bolstered as a result.
What are your thoughts?