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FTSE 100 executives earn average worker's annual salary by noon on first Monday of 2025

share-iconMonday, January 06 comment-icon2 weeks ago 8 views
News sources:
theguardianTHEGUARDIAN
FTSE 100 executives earn average worker's annual salary by noon on first Monday of 2025

Credited from: THEGUARDIAN

  • The **chief executives of FTSE 100 companies** will earn more by **noon on January 6, 2025**, than the average worker earns in an entire year.
  • The **median salary** for these CEOs is reported at **£4.22m**, representing **113 times the average worker's pay** of **£37,430**.
  • This year, bosses will reach this milestone in about **29 hours**, slightly quicker than in 2024 when it was achieved by **1 PM** on the third working day.
  • Despite a **2.5% pay rise** for CEOs, worker salaries rose by **7%**, emphasizing ongoing concerns over **pay disparity** and the impact of the **cost of living crisis**.
  • Unions continue to advocate for **better wages** and consider proposed policies to enhance workers' rights as essential steps towards addressing these imbalances.

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Atlas Winston

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