Wage-earners have had to accept slimmed-down collective bargaining agreements and low wage increases, but senior executives in Denmark’s biggest companies have seen their salaries rocket in the same period.
Since 2008 when the crisis hit, outlays for directors at the 16 largest Danish companies have increased by 23 percent – from DKK 358 million to DKK 440 million in 2010, according to calculations based on annual accounts.
This compared to general labour market wage rises of just over nine per cent in the same period.
Edited by Julian Isherwood
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