Directors in the UK's top firms have seen their pay rise by almost 50% in the past year, taking their average earnings to just under £2.7 million, a new study has revealed.
Research by Incomes Data Services (IDS) among directors in FTSE 100 companies showed that their 49% increase - which covers salary, benefits and bonuses - was higher than the 43% jump in the pay of chief executives. Average bonus payments for directors increased by 23% from £737,000 in 2010 to £906,000 this year, said the report.