Why CEOs make so much money
Why CEOs make so much money By Peter Yeung27th January 2021 It seems like the salaries of big-time CEOs just keep getting bigger. But why do they make so much, and has it always been this way? A At around 1730 on Wednesday 6 January, about 34 office working hours into 2021, bosses of top British companies had earned the same amount that an average worker in the UK earns in an entire year. According to research from the High Pay Centre, an independent think tank based in London, FTSE 100 chief executives earn a median of £3.6m ($4.9m) a year – more than 100 times the £31,461 earned by full...
Source: bbc.com