A typical FTSE 100 CEO will earn more than £37,430 – the median salary for a full-time worker in the UK – in less than three working days, according to analysis from the High Pay Centre.
As a result, the High Pay Centre has said FTSE 100 bosses will have to work two hours more than they did in 2024 to overtake the UK median worker.
This equates to 12.5 hours a day over five days, and an hourly rate of £1,298.46 on the basis of a £4.22m annual pay.
On the basis of 12.5-hour days starting at 8am, with their working year beginning on Tuesday 2 January, this would occur at around 11.30am on Monday 6 January.
What do campaigners say should change?
My friend has died. How should I invest the money left to her children?
Read MoreTrade union leaders said that the calculations showed the importance of the Government’s Employment Rights Bill.
“The Government’s Employment Rights Bill will help many workers by improving pay bargaining rights and job security. We also need reforms to rein in boardroom greed, including seats for workers on executive pay committees.”
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