Here’s why people are so cross about the executive pay gap, says Rachel Savage in Management Today. The median FTSE 100 CEO now earns 120 times more than a typical full-time British worker.
In 2000, it was 47 times more. Staff earnings have only risen by 48% since then, while CEOs’ pay has jumped by 278% – almost a fourfold rise. Media, marketing and telecoms top executives rake in the most, with total median earnings of almost £7m.