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Fat cat pay: CEO annual salary would now take you 117 YEARS to earn
[Images Money/Creative Commons]
WORKERS would need to work 117 years to earn a chief executive’s annual salary, shocking new research into wages paid by Britain’s largest companies has revealed.
Shadow chancellor John McDonnell slammed the pay gap as “grotesque” and promised to “tackle the scourge of high pay” if Labour takes power.
Analysis of the stock market’s top 100 firms found the average executive salary was an eye-watering £3.46 million a year, down 13 per cent on 2018.
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