Top bosses see their pay rise by over 50%

IRELAND’s top bosses saw their pay rise by more than 50% in the past year, with some chief executives earning over €380,000 a year.

According to the annual executive survey compiled by the Irish Management Institute (IMI), chief executives of Ireland’s largest companies saw their pay rise from €249,600 in 2002 to €386,325 this year.

The pay survey shows that at all levels of management there have been pay rises above the rate of inflation and higher than those awarded to employees under the national pay agreement.