4) Remuneration Policy for Other Senior Managers.


The remuneration policy for senior managers below Board level is broadly consistent with that followed at executive director level. At 31 December 2010 there were 187 senior managers in the UK whose actual salaries equated to or exceeded £100,000, or 193 if Full Time Equivalent (FTE) salaries are counted.

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Number of executives

Salary range

Actual salary

FTE

£100,000 – £124,999

112

116

£125,000 – £149,999

36

38

£150,000 – £174,999

27

27

£175,000 – £199,999

3

3

£200,000 – £224,999

7

7

£225,000 – £249,999

1

1

£250,000+

1

1

Total

187

193

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