Digest opened free editor

Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.

The large companies listed in London are pressing to take advantage of the “change in the tone” of investors by strengthening the salaries of senior executives as part of the Atlantic War War.

Many of the largest ftse companies were encouraged by The Stock Exchange Group in London and Smith and a nephew“The success of success in the past year in securing the shareholders’ agreement to increase salaries with millions of pounds for the largest executive managers, according to investors and advisers of the Board of Directors.

The American Tobacco and Compass Group – two of the 15 largest companies on the London Stock Exchange, according to the market value – are among those who propose to present the offers of improved executives this year.

“We will see more wage changes this year and the next,” said Metol Shah, head of the Deloitet unit that recommends the executive payment.

Separately, the cancellation of the bonus ceiling in the UK to large banks, including Barclays, HSBC and Carted Standard To demand shareholders to agree to the changes that would increase the maximum payment of executives if all goals are achieved.

The pressure for higher salaries was prevalent among companies that have large American departments and those who seek to employ America or keep executives who have the option to move to Atlantic competitors, according to advisors in executive wages.

“There is increasing recognition that international companies are in FTSE 100, with their global peers, you need to compete for the salaries of talented executives,” said Ambrose Volkswagen, co -director of the Artemis UK Select Fund.

The average salaries of the CEO of FTSE 100, with the exception of the pension, is 4.2 million pounds, according to the Higher SATA Research Center-113 times than the average salaries of the worker in full-time, but much less than the equivalent of $ 16 million in the United States Index S & P 500.

The prominent city numbers, such as the President of the London Stock Exchange, have argued that Julia Hogit, that the UK executives should receive their salaries more if Britain is to keep talent, enhance its competitiveness and prevent public companies from transferring their lists abroad.

There was a “change in the tone” of investors who had previously overcome the US -style wage packages in the United Kingdom. “The discussion on this issue [last year] Have you opened the eyes of the agent and investors who did not want to join? ”

He added that payment for high wages is concentrated in the 50 largest companies in FTSE with an international focus instead of all the groups listed in London.

Investors and advisers said that companies also have pressure to push more at the next level of the roles below from the CEO to attract and keep talents.

“Competitive payment” is an issue that extends beyond the level of the CEO and it seems that it pays wages throughout the organizations. ”

While the salaries of senior executives sitting in the board of directors should be revealed in the annual reports, there was less scrutiny about the rewards of managers coming from managers, which makes it controversial to increase their salaries and rewards.

“This in turn leads to” wage pressure “in the first ranks of companies, said James Harris, the advisor to executive compensation in Alvarez & March.

Harris said this was motivating the councils to pressure salaries for the heads of executives and financial employees because the managers who directly inform these leaders “collide against or above them.”

Investment Association Ease Its position on the executive wages last year, giving companies a greater time to adapt the rewards for their own circumstances. On the other hand, investors are calling for the disclosure of how companies evaluate their salaries against their peers in other groups.

Among those who benefit from Tadeu Maroco, the CEO of Bat, who paid nearly 6 million pounds in the total bonuses in 2024 and can receive up to up to up to up 18.2 million pounds per year Under a new salary deal. In its annual report, the company said that a third of its upper appointments over the past three years have been from the United States and that it is “high in vacancy across higher management levels, with the employment of long times.”

The CEO of Compass Group, Dominic Blakemore, who received approximately 9.5 million pounds in the past year, can receive the maximum payments of 15.3 million pounds under the 2025 bonus policy of 2025. For operations, it is also in line with larger batches.