To the external observer, the sums being paid to these men could be perceived to be gargantuan. To those working in the top flight of these companies, and indeed the men receiving these payments, they are likely to be perceived as richly deserved. The truth probably lies somewhere in the middle. But putting to one side the debate of whether any one individual is worth £70m – the sum Sir Martin Sorrell is expected to receive for 2015 – there are a number of issues at work here leading to continued dislocations between the various participants involved with executive compensation.
The issue is one that Nigel Wilson, chief executive of Legal & General, has studied in great detail to produce his interim report on executive pay for the Investment Association, which we detail the findings of today..Read more at The Telegraph