PODCAST | Pay ratio reporting & executive pay

By 5pm on the third working day of 2020 (January 6), the average FTSE 100 CEO had already taken home the equivalent of what a typical UK worker makes within a year. The research, which was conducted by the CIPD and think-tank The High Pay Centre, revealed some ‘eye-watering’ statistics about the discrepancy in pay between the average FTSE 100 CEO and that of their workers. According to 2018 data, the average FTSE 100 CEO raked in the equivalent of £901 per hour against the hourly wage of £14.37 for the average full-time employee in the UK.