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People and Business: Count the days

THE TYPICAL non-executive chairman of a FTSE 100 company is likely to spend more than 150 days a year on the company's business, compared with around 50 days for a chairman of a company with a turnover of around pounds 100m, according to a survey by Monks Partnership.

The reasons for this become clear when the survey adds that the FTSE 100 chairman is likely to be paid around pounds 160,000, compared with pounds 50,000 for the smaller company chairman.