Tag Archives: British executive pay

British Executive Salary Dwarfs Worker Pay

A study from The High Pay Center showed that British executive pay rose six times higher than pay for the average worker from 2016 to 2017. Median pay for bosses of FTSE 100 companies (the 100 with the highest market capitalism on the London Stock Exchange) rose 11% to £3.9 million while salaries of median workers barely keep up with inflation. An employee with a median salary of £23,474 would have to work 167 years to make what a FTSE 100 boss on median pay makes in a year. Meanwhile, recent statistics show British wage growth is at its weakest in 43 years.