United Kingdom - Huge disparities between average pay and top earners - March 31, 2017
The Equality Trust published an analysis on top earnings. It reveals that CEOs in the top 100 companies pocket an average of £5.3m each year, or 386 times that of a worker earning the National Living Wage. Over two thirds (67%) of FTSE 100 CEOs are paid more than 100 times the average UK salary. Ninety per cent of FTSE 100 CEOs are paid at least 100 times more than the National Living Wage. The analysis comes at a moment where research has shown that a combination of rising inflation and pay restraint means that average real pay is falling in the public sector, and is expected to continue falling over the next three years. Forecasts suggest that average real pay in the public sector will fall back below 2004-05 levels by the end of the parliament (2019-20).
The analysis: https://www.equalitytrust.org.uk/sites/default ...
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