The Irish Congress of Trade Unions (ICTU) has criticised rising chief executive pay levels, saying they are increasingly out of touch with average worker pay conditions. For the third year in a row, the greatest variance between the average worker's wage and the top CEO's is in CRH. It would take an average worker 230 years to earn what the CEO earned in 2017," said ICTU industrial officer Peter Rigney. Even at the lowest paid CEO, that of Aminex, it would still take nine years for the average worker to earn what the CEO earned in 2017”, he said. "The upward trajectory of CEO pay continues unabated, notwithstanding growing concern at this phenomenon.

Source: Irish Examiner December 30, 2018 17:26 UTC