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.

Upgrade to access

This content is only available to members of myGrapevine+.

myGrapevine+ is the latest way we are supporting a growing community of forward-thinking business leaders. Members can access a host of specially developed content and tools that aren't available anywhere else, helping you set new standards in business and people leadership every day.

  • Access to exclusive member-only content including:
    • The 'Leaders Series', a set of video interviews with leading business and HR voices
    • Strategic deep dives and expert tips for professional development and innovative practise
  • Access to the entire archive of news, features and insights from HR Grapevine and our other sites.
  • Unlimited access to the full back catalogue of our award-winning Magazine and other publications.

FREE for the first month! *

* First month free then billed via Credit/Debit card at £1 for the next 2 months, then £22.99 per month

Welcome Back