Briefing • 17 April 2014
Briefing 27: A CEO earns the UK average salary in just three days
It takes a FTSE 100 CEO just three days to earn the average UK workers' annual salary of £27,000
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Explaining the data:
CEO pay of £4.25 million is take from the Manifest survey of CEO pay, while workers’ pay of £27,000 is taken from the Office of National Statistics Annual Survey of Hours and Earnings. To calculate hourly pay, we have (generously) assumed that CEOs take just 10 days annual leave and work an average 12 hours a day, 6 days a week.
Tagged under: executive pay, income inequality, living standards
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