By PATRICK TOOHER

Updated: 21:50 BST, 20 June 2025

Mitie’s boss has taken a £10m pay cut – but he still took home £6.5m.

Phil Bentley hit the jackpot when he was awarded a one-off bonus worth £11.2m at the cleaning, security and waste management group, taking his total pay in 2024 to £16.7m. 

The sum was linked to Mitie’s takeover of rival outsourcer Interserve’s facilities management arm in 2020. The windfall was not repeated this year, meaning his pay fell to £6.5m.

Out of line: Mitie was named Britain's most unequal company by the High Pay Centre think-tank

Out of line: Mitie was named Britain’s most unequal company by the High Pay Centre think-tank

Despite the huge drop Bentley, 66, has still bagged almost £40m since becoming chief executive in 2016.

Mitie was named Britain’s most unequal company this week by the High Pay Centre think-tank. Bentley was paid 653 times more than the typical employee in 2024.

DIY INVESTING PLATFORMS

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

Free fund dealing and investment ideas

Hargreaves Lansdown

Free fund dealing and investment ideas

Hargreaves Lansdown

Free fund dealing and investment ideas

Flat-fee investing from £4.99 per month

interactive investor

Flat-fee investing from £4.99 per month

interactive investor

Flat-fee investing from £4.99 per month

Account and trading fee-free ETF investing

InvestEngine

Account and trading fee-free ETF investing

InvestEngine

Account and trading fee-free ETF investing

Free share dealing and no account fee

Trading 212

Free share dealing and no account fee

Trading 212

Free share dealing and no account fee

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.

Compare the best investing account for you

:
Mitie’s boss takes £10m pay cut – but he still banks £6.5m

***
Read more at DailyMail.co.uk