Why after reporting a 2.6bn loss would a company gives its boss a 20 per cent pay rise? : Express.

IF YOU were the pay chief of a FTSE 100 company that has just reported its largest loss in 173 years, the last thing you would do is give the chief executive a pay rise. Right?

 

For some reason, the head of Pearson’s remuneration committee Elizabeth Corley and her colleagues think otherwise, awarding chief executive John Fallon a 20 per cent pay rise, taking his total pay packet for 2016 to £1.52million.

So what did former PR man Fallon do to earn this?

Read More : Express.

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