TITLE

Five-fold pay rise for late founder of Murphy & Sons

PUB. DATE
July 2009
SOURCE
Contract Journal;7/29/2009, Vol. 448 Issue 6731, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that John Murphy, founder of Murphy & Sons, was paid 4.9m pounds while he was chairman in 2008. He died in May 2009. Accounts of the company show that John Murphy's pay rose five-fold from 850,000 pound in 2007. Pre-tax profits of the company fell 40% to 34.7m pound in this year to December 2008.
ACCESSION #
44157226

 

Related Articles

  • INW executive pay bounces back. Parish, Linn // Journal of Business (10756124);7/14/2011, Vol. 26 Issue 15, pA1 

    The article reports on the nearly 18 percent increase of executive compensation in Washington in 2010 due to growth in stock and stock-option awards.

  • Economic uptick won't generate salary hikes. Tita, Bob // Crain's Chicago Business;10/27/2003, Vol. 26 Issue 43, p1 

    The economy may be growing stronger, but salary hikes for Chicago, Illinois-area managers next year will be positively timid. Many firms have resorted to performance-based bonuses, stock options and increased contributions to pensions as alternatives to significantly raising base-pay levels. At...

  • Chief executive pay rise three times higher than health service target.  // Nursing Management - UK;May2010, Vol. 17 Issue 2, p5 

    The article focuses on data from a boardroom pay report by the Incomes Data Services (IDS) which show that average chief executive pay increase at the British National Health Service (NHS) was at 6.9% in 2009, three times higher than the 2.2% target of the Department of Health.

  • Improved Markets Equal Higher Exec Compensation. Buckley, Bruce // ENR: Engineering News-Record;3/28/2016, p24 

    The article focuses on the survey 2016 Executive Compensation Survey for Contractors related to construction executives salaries published by consulting firm Personal Administration Services. Topics include observation of increment in executives wages for 2015, examination of highest...

  • Admin salary guide for 2012.  // Administrative Professional Today;Jan2012, Vol. 38 Issue 1, p2 

    The article focuses on the 2012 Salary Guide from Robert Half International which shows the 3.4% expected increase in the salaries for administrative professionals and the qualities that administrative professionals must have including communication, flexibility, and can-do mindset.

  • BETTER OFF AT NUMBER 2. Odell, Patricia // Promo;SourceBook 2005, Vol. 17, p88 

    Reports on a 2004 wage survey of promotion agency executives in U.S. Salary increases in 2003; Average size of bonuses; Major job concerns of agency executives; Compensation packages for executives.

  • COMMENT. Boulton, Merril // Forecourt Trader;Dec2011, p3 

    The author cites a report from the Office of National Statistics (ONS) which stated that the overall pay growth for workers in Great Britain has hit a record low in contrast to the executive which had risen sharply.

  • A Morally Untenable Corporate System. HIGHTOWER, JIM // Progressive Populist;5/15/2011, Vol. 17 Issue 9, p3 

    The author comments on the decision of media giant Gannett not to give salary increase to its employees but provide bonuses to its top executives.

  • Executive pay on the rise.  // Human Capital;Nov2011, Vol. 15 Issue 6, p12 

    The article presents the findings of a study conducted by Mercer LLC on the rise in executive pay in India. Mercer mentions that increased pay restraint in Western Europe and North America, combined with economic growth in emerging markets is pushing pay for executives in Asia beyond levels in...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics