'Fat cat' pay | FTSE 100 bosses rake in £901 an HOUR

FTSE 100 bosses rake in £901 an HOUR

By 5pm today, the typical FTSE 100 CEO will have already taken home the equivalent of what a typical UK worker makes in a year, a new study has revealed – The Mirror reported.

The data from the Chartered Institute of Personnel and Development (CIPD) and think-tank the High Pay Centre found that some FTSE 100 chief execs – who take home the average staff salary within three working days – raked in the equivalent of £901 an hour according to 2018 data, against the hourly wage of £14.37 for the average full-time employee.

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