Including pensions, top bosses’ average reward amounts to £3.81m per year, the centre says.
That works out to £1,170 per hour – 109 times the average full-time worker.
That works out to £1,170 per hour – 109 times the average full-time worker.
Executives at companies listed on the bigger FTSE 350 make median pay of £1.32m, so they will need to work until 10 January for their pay to overtake the annual pay of the median UK worker.
Leading bankers overtake the average worker pay on 17 January.
The calculations are based on salaries published in companies’ annual reports.
The Trades Union Congress (TUC), which represents 48 member unions, said that the figures were a sign that the UK faced “obscene levels of pay inequality”.
The business trade body the CBI, which represents some of the listed companies, was asked for its response but declined to comment.
That works out to £1,170 per hour – 109 times the average full-time worker.
Including pensions, top bosses’ average reward amounts to £3.81m per year, the centre says.
Executives at companies listed on the bigger FTSE 350 make median pay of £1.32m, so they will need to work until 10 January for their pay to overtake the annual pay of the median UK worker.
That works out to £1,170 per hour – 109 times the average full-time worker.
That works out to £1,170 per hour – 109 times the average full-time worker.
Executives at companies listed on the bigger FTSE 350 make median pay of £1.32m, so they will need to work until 10 January for their pay to overtake the annual pay of the median UK worker.
Leading bankers overtake the average worker pay on 17 January.
The calculations are based on salaries published in companies’ annual reports.
The Trades Union Congress (TUC), which represents 48 member unions, said that the figures were a sign that the UK faced “obscene levels of pay inequality”.
The business trade body the CBI, which represents some of the listed companies, was asked for its response but declined to comment.
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