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Blue chips wrestle with pay formula

"As the political temperature rises over executive pay, it has become more important for large quoted companies to be able to show that however rich the rewards available to their chief executives, they are paid only on the basis of stellar corporate results. Yet a new study suggests that FTSE 100 companies are not a very good at making the link between pay and performance. It also highlights the broader difficulties for remuneration committees as they face upwards pressures within the pay system."

Read the full article at the The Financial Times

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