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<table><tbody><tr><td><p>Year</p></td><td><p>Salary of Chief Executive of the FRC
(£)</p></td><td><p>Average employment earnings for the UK (£)</p></td><td><p>Average
public sector pay (£)</p></td><td><p>Salary of the Prime Minister (£)</p></td></tr><tr><td><p>2008</p></td><td><p>316,000</p></td><td><p>25,165</p></td><td><p>26,676</p></td><td><p>193,885</p></td></tr><tr><td><p>2009</p></td><td><p>325,000</p></td><td><p>25,806</p></td><td><p>27,692</p></td><td><p>193,885</p></td></tr><tr><td><p>2010</p></td><td><p>329,875</p></td><td><p>25,882</p></td><td><p>28,339</p></td><td><p>142,500</p></td></tr><tr><td><p>2011</p></td><td><p>338,122</p></td><td><p>26,095</p></td><td><p>28,656</p></td><td><p>142,500</p></td></tr><tr><td><p>2012</p></td><td><p>346,575</p></td><td><p>26,472</p></td><td><p>28,930</p></td><td><p>142,500</p></td></tr><tr><td><p>2013</p></td><td><p>355,239</p></td><td><p>27,011</p></td><td><p>29,487</p></td><td><p>142,500</p></td></tr><tr><td><p>2014</p></td><td><p>362,344</p></td><td><p>27,215</p></td><td><p>29,773</p></td><td><p>142,500</p></td></tr><tr><td><p>2015</p></td><td><p>369,951</p></td><td><p>27,615</p></td><td><p>30,328</p></td><td><p>149,440</p></td></tr><tr><td><p>2016</p></td><td><p>378,831</p></td><td><p>28,195</p></td><td><p>30,540</p></td><td><p>150,402</p></td></tr></tbody></table><p>
</p><p>For the purposes of comparison we have listed the base salary of the Chief
Executive of the Financial Reporting Council (FRC), average employment earnings across
the UK,[1] average public sector pay and the base salary of the Prime Minister, which
is made up of Ministerial and Parliamentary salaries combined. [2]</p><p> </p><p>We
have been unable to compare with information before 2008; therefore included in the
table above are figures only from 2008 until 2016.</p><p> </p><p>[1] Please note that
the report consists of median earnings as opposed to mean earnings as a measure for
average earnings. Additionally there have been a number of changes to the ASHE methodology
over the years, which has resulted in a break in the series in 2011. Figures either
side of a break are not directly comparable so caution should be exercised when interpreting
long-term trends over time.</p><p> </p><p>[2] These figures have been taken from ‘Appendix
4: Ministerial salaries a comparison of entitlements and amounts received’ of the
‘Member’s pay and expenses and ministerial salaries 2016/17’ 10<sup>th</sup> November
2016. And are accessible here: <a href="http://researchbriefings.files.parliament.uk/documents/CBP-7762/CBP-7762.pdf"
target="_blank">http://researchbriefings.files.parliament.uk/documents/CBP-7762/CBP-7762.pdf</a></p>
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