United Kingdom - Beyond the annual average wage after two and half a days - January 31, 2017
The High Pay Centre, an independent non-party think tank that monitors pay at the top of the income distribution, published calculations that reveal that the top FTSE100 management already earned the average annual salary on Wednesday 4-1 by lunchtime. After just two and a half days the country’s top bosses have made more money than the average worker earns in an entire year. Pay for top company executives returning to work in 2017 passed the UK average salary of £28,200 by around mid-day on what is called ‘Fat Cat Wednesday’. Trade union GMB stated that this is not just a FTSE100 company problem.
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