Royal Mail endured a rebellion against executive pay at last year's annual general meeting when 70% of shareholders failed to back its pay report.
Its annual report for this year contains a promise from the new chairman Les Owen that "lessons have been learned".
There are no bonuses for the board, including chief executive Rico Back - who took over in June. He received £647,000 for the 10 months to the end of March.
The ratio of his pay to staff was 26 to 1, as shown in the table above.
The company said; "We believe that the [chief executive] to median pay ratio at target of 57:1 is appropriate in our business, assuming good business performance. As business performance has been challenging in the 2018-19 year, no bonus was paid and so the pay ratio was lower, at 26:1. We believe that it is appropriate for our CEO, and other senior executives, to have a far higher proportion of their remuneration at risk, compared to our operational colleagues".