Top Executives’ Pay in UK Hits Record High – Reaching 122 Times of Average Worker

Top executives’ pay in UK hits record high – reaching 122 times of average worker

It marks the fourth year in a row that chief executives have taken home a record amount

Maximum 10:1 pay ratio needed say Greens, as new analysis shows soaring CEO pay   - Green Party

New analysis by the High Pay Centre has revealed that bosses of Britain’s largest listed companies are now paid 122 times the salary of the average full-time UK worker. The median pay of a FTSE chief executive climbed to £4.58m in the last financial year, up from £4.29m a year earlier, an increase of nearly 7%, according to the analysis.   Reacting, Green MP Ellie Chowns said:  “The High Pay Centre analysis is further proof that inequality in th…

'Scandalous' CEO pay reaches 122 times average workers'

CEO pay soaring to record levels makes it vital that we properly tax the super-rich and introduce salary caps and pay ratios to reduce ‘grotesque’ levels of inequality, say the Scottish Greens. The comments come as new figures from the High Pay Centre show that top executives’ pay in the UK has hit another record high – reaching 122 times of an average worker. The party’s equalities spokesperson, Maggie Chapman, said: “These figures are absolut…