By early afternoon today, the average FTSE 100 CEO will have already been paid what it will take a typical UK worker an entire YEAR to earn, according to research from the High Pay Centre and the CIPD.
The average full-time worker in the UK earns a gross annual salary of £29,574, but a FTSE 100 CEO on an average pay packet of £3.9million only needs to work until 1pm on Friday 4 January 2019 to earn the same amount. As a result, today has been nicknamed ‘Fat Cat Friday’.
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