WEB DESIGN

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

In the days when Companies are striving hard to pay the monthly salary of their regular staff, hear about a Company which paid 56% salary hike. Well, that is what Martin Sorrell got. WPP has paid this salary to Martin Sorrell whose basic pay remains the same but gets this whooping increment on his other benefits.

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Martin Sorrell’s salary swells 48% in 2011 to ?12.3m