Pay gap widens as UK bosses get 130 times average worker’s salary
- The bosses of Britain’s largest listed companies received record pay last year, fuelling the widest earnings gap with workers in eight years.
- Median pay for FTSE 100 chief executives hit £5.06m in the last financial year, according to data released by the High Pay Centre, an 8.6% increase on £4.66m the previous year and the highest level on record.
- Executive remuneration has been rising steadily since the pandemic, when CEOs took pay and bonus cuts as the lockdowns affected business performance.
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- The bosses of Britain’s largest listed companies received record pay last year, fuelling the widest earnings gap with workers in eight years.
- Median pay for FTSE 100 chief executives hit £5.06m in the last financial year, according to data released by the High Pay Centre, an 8.6% increase on £4.66m the previous year and the highest level on record.
- Executive remuneration has been rising steadily since the pandemic, when CEOs took pay and bonus cuts as the lockdowns affected business performance.
Sources: Guardian