WPP group has handed its chief executive, Sir Martin Sorrell a 30% rise in his basic pay. The salary hike was made following record result of the company in 2011.The revenue of the company increased by 7.4% while the pre-tax profit increased by 18.5% in 2011. In 2010, Sorrell was paid a total of ?8.3m whereas in 2011 his total pay was increased to ?12.9m, a rise of 56%.
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Martin Sorrell’s salary swells 56% in 2011 to ?12.9m