The salaries of the executives at the top 30 FTSE 100 companies are growing as opposed to its rivals, according to a new report.
According to a new report from Deloitte, the salary increase for FTSE 350 companies has "slowed" to a median increase of 6.2 per cent, compared with seven per cent 12 months ago.
It also found that the typical salary of a chief executive of a firm in the top 30 of the FTSE 100 was "well over £1 million", with those outside the top 30 on an average of £750,000.
Over the last year, one in four of FTSE 100 companies and one in five FTSE 250 firms have admitted to increasing the size the annual bonus paid out to employees.
Carol Arrowsmith, partner and head of the renumeration team at Deloitte, said "executive renumeration" may have reached a "high water mark".
KPMG's latest Cash Counter analysis estimates that FTSE 100 companies will amass £278.3 billion surplus by the end of 2010.
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