Even someone earning the UK median average wage would have to toil for more than a century to take home an average CEO annual salary. [1]
GMB Union analysed figures from the High Pay Centre think tank which suggest the median FTSE 100 CEO's earnings for 2022 will surpass the median annual wage for a full-time worker in the UK by around 09:00am on Friday 7 January. [2]
GMB is campaigning for care workers to get at least £15 an hour.
Gary Smith, GMB General Secretary, said:
“Fat cat bosses trousering 173 times more than the carers who look after our loved ones is a disgrace.
“It doesn’t look very levelled up and is everything that’s wrong with our economy
"All UK workers must be properly paid and valued if we want to get our post-covid economy on track.”
