“Fat-cat bosses still rake in 117 TIMES more than an average worker despite a pay fall – and former Persimmon chief earned more in a minute than most made in nearly three days”

“Bosses at Britain’s FTSE 100-listed companies are raking in 117 times more a year than a worker on the average salary of just under £30,000.

Chief executives at the UK’s top 100 companies were paid £3.46million on average last year, down 13 per cent from £3.97million the year before.

Former Persimmon boss Jeff Fairburn was the biggest FTSE 100 earner last year, trousering £38.97million.

Five biggest FTSE earners: Chief executives at the UK’s top 100 companies were paid £3.46million on average last year

Fairburn’s salary for 2018 was 1,318 times more than the median salary of a full-time worker in the UK.

It would take an average worker nearly three days to earn what Fairburn raked in during a single minute, according to Chartered Institute of Personnel and Development and High Pay Centre analysis. …”

https://www.thisismoney.co.uk/money/markets/article-7378481/Persimmon-boss-earned-single-minute-nearly-three-days.html?ito=rss-flipboard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.