FTSE 100 finance directors picked up an average total pay of £1.15m in 2011/12, while the FTSE 250 FD saw average pay at £586,384.
According to the 2013 FD Salary Survey by sister publication Financial Director, 57 FDs earned in excess of £1m in the 2011/12 financial year, while 195 topped £500,000.
Salaries have held relatively steady in recent years, with Financial Director's previous survey of a mix of 2009 and 2010 accounts revealing average total pay of £1.10m.
Last year, the total salary of the FTSE 350 reached £213m, of which £104m in bonuses were awarded during the same period.
Importantly, however, a fair chunk of this was deferred. As much as £31m was mandatorily deferred, while £3.8m was deferred on a voluntary basis and 25 finance directors within the list took no bonus at all last year.
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This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover, including logistical costs and the impact of lost productivity as new employees are brought up to speed
8.30am, 26 Jun 2014
Targeted at FDs and CFOs, the FD Conference 2014 provides a platform in which to learn from outstanding keynotes and network with like-minded peers
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