FTSE bosses returning to the office this week will have earned more by lunchtime today than the average British worker is paid for a whole year, according to a campaign group calling for pay restraint in the UK’s top boardrooms.
The High Pay Centre said Wednesday that median pay for UK workers is £34,963 ($44,144), an amount surpassed by the average blue-chip chief executive officer between Tuesday morning and 1 p.m. on Thursday. That’s one hour less than the CEOs had to work last year to reach the same milestone.
