US bosses who make most job cuts earn the highest pay

US CEOs who sacked the most staff were also likely to be the highest earners in 2009, according to a new report.

The 50 bosses who slashed payrolls the deepest took home 42 per cent more than the average-paid CEO of a Standard & Poor’s 500 company, according to the Institute for Policy Studies (IPS).
 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission