GMB union highlights huge gap as top earnings soar ahead of worst paid workers’ wagesThe disparity in pay between those at the top and bottom of the earnings ladder is revealed by analysis showing the national minimum wage would be £5.24 an hour higher if it had risen at the same rate as a FTSE 100 chief executive’s pay over the final two decades.
With 2018 marking the 20th anniversary of legislation that heralded the minimum wage, research by the GMB union underscores by just how much the statutory pay floor has failed to support pace with executive earnings.
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Source: guardian.co.uk