What price a company chairman?

Article Abstract:

The press furor over the pay increases of Britain's top executives is largely unwarranted. The uproar over the 43% increase in the compensation of British Telecom (BT) chairman Iain Valliance is a case in point. BT's pay policy is based on the principle that executives should be paid at levels similar to their counterparts in industry. Valliance's salary is actually below that of other chairmen of major industrial groups, notwithstanding the fact that BT is Britain's largest company. His much-publicized performance bonus, assessed by an experienced non-executive board, is in fact a recognition of his skillful leadership in guiding BT through a year of crucial importance.

Communication services, not elsewhere classified, Telecommunications services industry, Telecommunications industry, Corporate directors, Column, Compensation and benefits, British Telecommunications PLC, Valliance, Iain

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More for the mandarins

Article Abstract:

Salary review boards in Britain are finding that those in the public sector's upper echelon are having their wages increase at a much higher percentage. Private sector wages are still higher, resulting in a defection of the public sector workforce.

United Kingdom, Wage payment systems, Public employees, Government employees, Pay structure

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Who is Andy Evans and what has he done to IMSA?

Article Abstract:

Evans has helped to restore profitability to struggling IMSA and to boost fan attendance at races. Evans renamed the organization and is increasing television coverage of its events. SportsCar is also wooing manufacturers and sponsors.

Management, International Motor Sports Association, Evans, Andy

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