TUC: Soaring salaries for directors, wage cuts for the rest
TUC general secretary Brendan Barber responds to the data collected by the Incomes Data Service which reveals Directors of FTSE 100 companies receiving 50% pay rises:
"Top directors have used tough business conditions to impose real wage cuts, which have hit people's living standards and the wider economy, but have shown no such restraint with their own pay.
"Reform should start with employee representation on remuneration committees, which would give directors a much-needed sense of reality."