UK CEOs earning almost 400 times more than lowest paid workers: report
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March 22, 2017
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CEOs at the UK’s 100 largest listed companies are pocketing average salaries almost 400 times that of a worker on the minimum wage, according to the Equality Trust.

The group that lobbies to reduce economic inequality reported that the heads of companies in the FTSE 100 share index earn an average of $6.6 million, 386 times more than a minimum wage worker and 190 times the average UK salary.

"The result is that the UK is one of the most unequal countries in the developed world and there is, rightly, great concern about excessive rewards at the top end of the pay scale compared to the amounts most people take home," the Equality Trust said.

The company with the largest gap between its CEO’s pay and that of a minimum wage worker is advertising firm WPP, whose chief executive Martin Sorrell took home $82 million in 2015, 5154 times more than a minimum wage salary.

Other companie near the top of the list were consumer goods group Reckitt Benckiser, pay-TV group Sky, pharmaceuticals company Shire and BP.

Equality Trust

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