Persimmon latest housebuilder to slash directors’ pay

By Joey Gardiner2020-04-03T06:02:00

Housebuilder to cull bonuses and cut pay by 20% in wake of coronavirus crisis

Housebuilder Persimmon has become the latest to slash pay of senior staff and non-execs in response to the disruption caused by the coronavirus pandemic.

In a brief update to the city issued after the markets closed on Thursday the firm said that both executive and non-executive directors of the business will take a temporary 20% pay cut from 1 April.

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