C-Suite Compensation | FTSE 100 CEO salaries reach highest level on record

Bosses of the UK’s 100 biggest listed companies have seen their pay soar to the highest level on record, with the average chief exec in Britain now earning 120 times more than the average employee. 

A new report from the High Pay Centre shows that median pay for CEOs of FTSE 100 firms in 2023 reached £4.19m – the highest level on record, up from £4.1m in 2022.

This is the highest level of FTSE 100 CEO pay on record, although the growth in CEO pay levels are slower than in the past two years, when there was post-pandemic bounce.

Mean FTSE 100 pay grew from £4.42 million to £4.98 million – a 12.2% and over £500k increase.