Monday 18 August 2014

UK: FTSE100 CEO pay is 143 times that of average employee

According to research published today by the High Pay Centre, the chief executives of FTSE100 companies are paid 143 times more than their average employee: see here.

Update (1 September 2014): The High Pay Centre has admitted errors in its calculations, and is now reporting a ratio of 130:1 and not 143:1. See here for further information. The reliability of the HPC data and calculations is such that The Guardian newspaper has removed from its website an article on the ratio: see here.

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