The wage gap between the bosses of the UK’s biggest companies and average workers has reportedly widened further, with the latest analysis stating that an FTSE 100 CEO will have made more money by Friday than the average worker would have in a year, in just four days of 2022. High Pay Centre, a UK think tank campaigning for fair pay for workers, has alleged that by 9 am on January 7th, an FTSE 100 chief executive's salary of a per hour basis will be more than an ordinary worker’s annual salary. The estimate has been based upon the median average remuneration data of both groups. According to figures by Office for National Statistics, an FTSE 100 chief executive was paid an average of £2.7 million ($3.6 million) in 2020, almost 86 times the average salary of a full-time ordinary worker in the UK. In 2021, Pascal Soriot, CEO of Astra Zeneca, was the highest-paid FTSE 100 chief executive, taking home over £15.5 million ($20.9 million), followed by Brian Cassin of Experian, who took home over £10.3 million ($13.9 million), and Rob Perrins of Berkley, who received £8 million ($10.8 million).

Source: The Guardian January 08, 2022 05:47 UTC