United Kingdom - Top bosses earn 117 times the annual wage of an average worker - January 31, 2020

Bosses of FTSE 100 companies only needed to work until 5 PM on January 6 to earn as much as the average worker does in a year. The Chartered Institute of Personnel and Development and think tank the High Pay Centre said the findings revealed that the average FTSE 100 chief executive was paid £3.46 million (€4.12 million) in 2018, equivalent to £901.30 (€1,072.55) an hour. This is 117 times the wage of the average full­time worker, who takes home an annual salary of £29,559 (€35,175).

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For more information, please contact Paul de Beer or Oana Ciuca or Sjaak van der Velden, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org.
For previous full issues of the Collective bargaining newsletter please visit www.etui.org/E-Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.


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