Briefing • 18 October 2013
Briefing 2: What’s a CEO Worth?
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Explaining the data
To estimate executive pay we have used the Annual Survey of FTSE 100 CEO pay produced by MM&K and Manifest. ‘Biggest UK companies’ refers to FTSE 100 companies. The CEO hourly pay is based on the assumption that they work 12 hours a day seven days a week (£961.55 rounded up to £1000). These are the most up-to-date figures and relate to the financial year 2011-2012. We have then compared this with data published in the Annual Survey of Hours and Earnings relating to 2012 and the figure we used relates to the median pay level.
Tagged under: executive pay, income inequality
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