Income and Employment

‘From Pin Money to Fat Cats: Pay Inequality in the FTSE 100’ released by The Equality Trust

Commenting on the release of the report on the UK by Professor Philip Alston, UN Special Rapporteur on Extreme Poverty and Human Rights, Dr Wanda Wyporska, Executive Director of The Equality Trust said:

Commenting on the BEIS announcement on corporate governance and pay ratios, Dr Wanda Wyporska, Executive Director of The Equality Trust said:

“Legislation forcing companies to publish their pay ratios is long overdue, given that a FTSE 100 CEO now earns an average (median) annual pay of £3.45 million [1], per year, a staggering 242 times more than that of a minimum wage worker.

Commenting on the Chancellor's Spring Statement, Dr Wanda Wyporska of The Equality Trust said: 

UK's Top Bosses 'Earn' 242 times the Minimum Wage Worker's Annual Salary

A FTSE 100 CEO now earns an average (median) annual pay of £3.45 million[1], per year, which is 242 times more than that of a minimum wage worker. Top bosses' pay will have surpassed the annual salary of a minimum wage worker on Thursday 4th January.

Analysis by The Equality Trust found the average pay for a FTSE 100 CEO is:

●       108 times more than a nurse’s.

●       91 times more than a teacher’s.

●       84 times more than a police officer’s.