Property chiefs enjoy 370% pay rise over decade
Whitmore, James
Property chiefs enjoy 370% pay rise over decade - 2012 - Property Week 78(42) 19 October 2012, 16(1) .
Chief executives of the eight largest listed property companies enjoyed an average of a 20% increase in their 2011 annual remuneration despite destroying the value of their companies. The recent update to the Bell-Mallen Partnership's groundbreaking February 2012 remuneration study shows that in the 12 years 2000-2011 the average remuneration for the above eight went up by 370%. Bell-Mallen contends that there is considerable scope for the review of executive reward at the major property companies.
United Kingdom
Property chiefs enjoy 370% pay rise over decade - 2012 - Property Week 78(42) 19 October 2012, 16(1) .
Chief executives of the eight largest listed property companies enjoyed an average of a 20% increase in their 2011 annual remuneration despite destroying the value of their companies. The recent update to the Bell-Mallen Partnership's groundbreaking February 2012 remuneration study shows that in the 12 years 2000-2011 the average remuneration for the above eight went up by 370%. Bell-Mallen contends that there is considerable scope for the review of executive reward at the major property companies.
United Kingdom