Mayor of London seemingly singles out WPP chief executive Sir Martin Sorrell,who earned £43m last year, as example of gulf between corporate bosses and staffBoris Johnson appears to gain singled out the advertising boss Sir Martin Sorrell, or one of David Cameron’s closest corporate allies,over the gulf between the pay of corporate bosses and their employees.
In his speech to the Conservative party conference on Tuesday, the mayor of London said social ties would fray if the economic gap between citizens grew too broad. He said FTSE 100 chief executives were paid approximately 25 times as much as their average employee in 1980, and but the multiple is now 130 times.
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Source: theguardian.com