Galliford Try

Directors’ Pay and Galliford Try – Apathy reigns

The pay of directors in FTSE100 companies continues to power ahead. Up 14% in the past year according to Income Data Services, based on median total remuneration.  This is six times more than the average earnings of all employees. The large increase has been driven by rises in the value of LTIPs (typically share-based pay-outs based on performance measures). These payments are often not at all obvious in Remuneration Reports at present. A good example is Galliford Try, the building company, whose AGM ...