Property chiefs enjoy 370% pay rise over decade
Language: English Series: Property Week ; 78(42) 19 October 2012, 16(1)Publication details: 2012Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L157340 (Browse shelf(Opens below)) | 1 | Available | 157340-1001 |
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.