Irish directors’ pay rises by 12% in 2007; Total remuneration up by over 30% - Fixed salaries for executives in the US up 4%; European rises in range 3.5% to 7.5%
Aug 22nd, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Directors of companies listed on the Irish Stock Exchange (ISE) reported an average 12% pay rise last year, with total reward up by over 30%, once variable pay elements such as bonuses were included. By comparison, the average rate of increase on fixed salaries for executives in the United States was about 4 per cent, while the European figures ranged from 3.5 per cent to to 7.5 per cent depending on the country.