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BOSSES at the UK's top companies have already made more money this week than the average worker in Wrexham and Flintshire will all year, estimates…
MONEYWEB app instead? Public and state-owned companies will have to disclose highest and lowest paid employee salaries. 00:01 The new disclosure requirements could encourage companies to move low-paid employees off their books through the increased use of outsourcing. Image: Shutterstock The Companies Amendment Bill is expected to make some progress during 2021 after apparently stalling somewhere along the legislative process during 2019 and 2020. Unless watered down before enacted, some of the proposed amendments might prompt a level of restraint so far missing from executive remunerat...
Bosses at the UK's top companies have already made more money this week than the average worker in Worcester will all year, estimates show.
Bosses at the UK's top companies made more money in the first week of 2021 than the average worker in Barrow will all year, estimates show. Charity the Equality Trust said the salary gap between bosses and their employees is fuelling a "damagingly high" level of inequality across the UK. The median annual pay of FTSE 100 CEOs in 2019 was £3.6 million (around £941 per hour of their 12-hour days), according to the High Pay Centre. Assuming they start work at 8am, they had already earned a Barrow full-time worker's median salary (£36,340 in 2020) by around 11am on Thursday, January 7 ...
Pay milestone highlights inequality Bosses at the UK’s biggest companies will earn more in the first three days of this week than the average worker’s annual wage, according to the High Pay Centre. By the end of today, the pay of FTSE 100 chiefs will have overtaken the £31,461 annual median wage for full-time workers. A spokesman said the data should “prompt debate about the effects of high levels of inequality”. 8 Outcry over China death sentence Human rights activists have criticised the death penalty handed to a former Chinese finance chief found guilty of corruption. Lai Xiaomin ...