FIRST
Choice chief executive Peter Long took home nearly £2 million in 2003 in a
“record year”.
Long’s
total salary, published in the group’s annual report, rose from £978,000 in
2002 to £1.16 million last year, up 16%. He also made £684,546 by selling share
options, taking his total take home to £1.85 million.
His
basic salary was £525,000, performance bonuses totalled £479,000 and pension
contributions £131,000.
On average agents are thought to earn around £14,000
per year.First Choice said agents’ pay details were confidential but it is
understood they received an April pay increase and a rise in non-earned
benefits.
UK and Ireland managing director Dermot Blastland’s
total salary was £691,000. He made an extra £84,000 on share options. Basic
salary was £330,000, bonuses £264,000 and pension contributions £82,000.
Chairman Ian Clubb received £171,000 in total.