Should you be able to get this benefit at work?

How much do you get paid? My guess is it’s not as much as the chief executive of WPP.

Sir Martin Sorrell (pictured) is chief executive of the advertising business WPP and his annual pay has just been revealed in the company’s annual report.

blog-sirmartinsorrell4-275x275His total pay was £42.98 million. In case you think that’s a typo – it’s not. He received nearly £43 million in pay.

As well as being the chief executive, Martin Sorrell is the founder of the company.

The company has grown significantly since it was founded in 1985 and it is now quoted and part of the FTSE 100 (the largest 100 companies on the London stock market).

As a result of being quoted there are numerous corporate governance requirements which need to take place. One of these is the disclosure of the directors’ remuneration policy in the published accounts. 

Following the publishing of his remuneration package in the accounts it became apparent that one element of his package was very unusual.

Included within his remuneration package of $43 million is a payment to him in respect of his wife’s travel expenses. Now his wife’s travel expenses which were paid by his employer were pretty significant and definitely amounted to more than the occasional taxi journey. In fact, they amounted to £274,000!

That’s not a bad amount for travel expenses is it?

So, should you suggest to your boss at your next salary review that you should receive a travel allowance for your husband or wife?

My guess is that if you do, the response to your request would be fairly brief and probably include a rude word or two…

Mobile phone plus food equals...

Mobile phones have revolutionized the world. It’s not just communication where they have changed things dramatically but if you think about it then a Smartphone is[..]

Is it me or is this just nuts?

Anyone that suffers from an allergy knows full well that it can be a very unpleasant experience. One of the more common allergies is when[..]

I'd love to invite you to lunch but...

Have you ever been to lunch with a colleague? My guess is that unless (a) you work by yourself, (b) nobody likes you , or[..]
An awkward mistake.
Have you ever sent an email to the wrong person by mistake? What about posting something on social media which, with hindsight you’d wished you[..]
OMG - will these hit the shelves?
Procter & Gamble, or P&G as it’s commonly known, is one of the world’s largest companies and has an incredible portfolio of products including Gillette,[..]
Grant Thornton fined £4million.
Grant Thornton, the mid-tier accounting firm has been fined £4m and reprimanded by the Financial Reporting Council (FRC). So, what did they do wrong? It[..]
Something to crow about...
At the time of writing the Puy du Fou historical theme park in France has got over 12,000 TripAdvisor reviews and a 5 star rating.[..]
PwC, a Bishop and a thief...
What do you do if you work for PwC and you’re due to be promoted to a partner in October? Well, if you’re Max Livingstone-Learmonth[..]