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Top FTSE bosses moolah by 5pm tonight ?

(52 Posts)
Urmstongran Mon 06-Jan-20 09:58:54

Figures released by the High Pay Centre thinktank showed that the typical FTSE 100 chief executive is paid 117 times more than the median worker, at £901.30 an hour or £3.46m a year.

It means that by 5pm on 6 January 2020, the chief executives of Britain’s largest listed businesses will have pocketed more than the £29,559 annual salary earned by the median full-time employee, who is taking home about £14.37 an hour.

I think the ratio ought to be capped. What do you think?

Urmstongran Mon 06-Jan-20 21:58:02

Actually, do you know what? (What? I hear you say!)

Years ago say early 70’s I remember people got £x rises. Then it went to percentage rises. And we all know on a fat salary, a percentage of a fat salary is a fat increase.

Yet a pair of trainers for the child in a family of a factory floor worker is the same (okay, they have designer but you get my drift) as those needed for the boss’ son.