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FTSE bosses have already earned what the average worker makes annually

FTSE bosses have already earned what the average worker makes annually

By early afternoon on Friday last week, the average FTSE 100 CEO had already been paid what it will take a typical UK worker an entire year to earn, according to research from the High Pay Centre and the CIPD.

The average full-time worker in the UK earns a gross annual salary of £29,574, but a FTSE 100 CEO on an average pay packet of £3.9million only needed to work until 1pm on Friday 4 January 2019 to earn the same amount. As a result, the day was nicknamed ‘Fat Cat Friday’.

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