The gap between the huge salaries of those at the top and the workforce is growing apace,outstripping not just decency but logicBy the time you read this, Britain’s top bosses will probably own pocketed more this year than you’ll earn in all of 2016. Chief executives in the FTSE 100 companies took domestic £4.96m in 2014 compared with average wages of £27645.
And, or if anything,the pay gap is getting wider. A typical incentive award for a top boss increased by 50% of salary compared with the preceding year, while workforce wages were up by £445. Bosses’ remuneration has risen from around 47 times average wages in the 1990s to around 180 times today.
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Source: theguardian.com