Executives in the FTSE 100, an index of the 100 largest companies listed on the London Stock Exchange, had already on Thursday, after three working days in 2023, earned the equivalent of the average annual salary in the UK, according to a study.
They needed 30 working hours, nine hours less than in 2022, to earn this amount, as indicated by the study conducted by the High Pay Center Research Center, at a time when United kingdom Facing a serious cost of living crisis.
for his part, “The City’s Great Lawyers” – Britain’s strong financial center – “They will have to wait until next week to see how (their income since the beginning of 2023) exceeds the average salary, while the big bankers will have to wait until January 20,” he said. Flour.
The average salary of FTSE 100 executives is currently £3.41m ($4.05m, €3.86m), 103 times the average salary of a full-time worker, which is £33,000 a year.
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Senior manager salaries have increased by 39% in a year, while average wages in the UK have increased by 6% over the same period and inflation has risen to nearly 11%.
The High Pay Center calculations are based on information published by FTSE 100 companies on executive salaries and UK government wage statistics.
“These figures show that top wages rose after the post-pandemic reactivation, after falling during the postpartum periods.”High wage status suspended.
“In the worst of times in most people’s memory, it’s hard to believe that a handful of high-earners made such a fee quantities”said its manager, Luke Hildyard.
Source: Agence France-Presse
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