How long FTSE 100 CEOs take to outearn the average worker
Friday marked the so-called ‘Fat Cat Friday’ in the UK - the day on which the average FTSE CEO earns the annual wage of the average full-time worker. According to the latest calculations by the High Pay Centre and the Chartered Institute of Personnel and Development, at 1pm, after 29 hours of work, this figure was reached. As our infographic shows, the median earnings of a FTSE 100 CEO were GBP 3.9 million in 2017. This compares to 29,574 for the typical employee in the country last year. Last year, it took the CEOs two hours longer to reach this milestone. (Source: Statista)