Employee benefits at boardroom level ''on the increase''
Employee benefits such as bonuses are on the increase among those at boardroom level in British businesses.
Annual bonus payments for top employees have risen by 22.5 per cent in the last six months, according to figures released by Incomes Data Services (IDS).
This amount is still lower than 2008 levels as average pay-outs to directors fell by 30 per cent last year.
Steve Tatton, an IDS expert on executive pay, said the government was unconcerned by private sector bonuses as it was trying to rein in public sector pay and management costs.
"In the private sector - it''s up to them. If they feel they can afford it. It''s been left alone," he added.
According to PricewaterhouseCoopers, a private sector employee would need to put 37 per cent of their annual wage into a pension plan to match the amount given to a public sector worker.
The chancellor George Osborne announced measures in the emergency Budget that aim to save £6 billion on pensions.
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