- Who'd have thunk it? Archived Message
Posted by Mary
on January 6, 2020, 11:56 am
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By 5pm on Monday chief executives of companies in the FTSE 100 will on average have already earned in 2020 what a typical full time employee will earn in the whole of the year, according to a new study. The report by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre think tank says the average FTSE 100 boss was paid £3.46m in 2018, or £901.30 an hour - 117 times the average UK annual wage of £29,559. /.. https://news.sky.com/story/today-top-bosses-will-have-earned-more-in-2020-than-the-average-annual-salary-11901997 They use the word 'earned' incorrectly. S/be 'paid' for those on these obscenely high salaries. |
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