Prudential reveals highest-paid employee earned £15.5m last year

UK companies with shares in Hong Kong – such as Pru and HSBC – have to provide details of the five highest-paid staff

The scale of pay packages being handed out by the UK’s biggest companies was underlined when Prudential revealed its highest-paid employee received £15.4m last year – more than the insurer’s outgoing boss Tidjane Thiam.

Thiam received an £11.8m cash and shares payout for 2014, the insurer said, on a day when pay awards to other top bosses were also published. Rakesh Kapoor, the boss of Nurofen and Dettol-maker Reckitt Benckiser received £11.2m while bookmaker Ladbrokes revealed it was paying its former boss Richard Glynn £846,000 in “damages”, more than £650,000 in shares and picking up the bill for the CCTV protecting his home.

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via Business Feeds

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