Salaries | UK bank bosses paid 120 times more than average employee

UK bank bosses paid 120 times more than average employee

Bosses at Britain’s biggest banks are paid on average 120 times more than the median pay of their U.K. employees according to bank documents - Reuters Reports.

Lloyds Banking Group was revealed to have the widest pay difference, with Chief Executive Antonio Horta-Osorio on 169 times as much as the median paid employee on £37,058, the company’s annual report showed last Wednesday.

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Comments (2)

  • john
    john
    Tue, 26 Feb 2019 1:09pm GMT
    This is such a great area for all folks who espouse value of talent and people analytics to explore. what is relationship between employee turnover, low engagement and 1. gender pay gap 2. C Suite front line pay multiples divide?
  • Sir
    Sir
    Tue, 26 Feb 2019 12:38pm GMT
    This is all very well, but doesn't the key question have to be "what ratio is right ?" Here we are, all wringing our hands at 169:1 or 113:1, but is 100:1 ok ? - or 75:1 ? or 6:1 ?
    It's like that moment on QI when it suddenly says "nobody knows". Until we have some of notion as to what is appropriate, in what circumstances, then this kind of debate isn't really going very far.