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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

Average pay for FTSE 100 chiefs jumps by 39% to £3.4m

boardroom table
The jump in executive pay means that the average UK CEO now collects 109 times that paid to the average British worker, up from 79 times in 2020. Photograph: Getty Images

Chief executives of the UK’s 100 biggest companies have seen their pay jump by 39% to an average of £3.4m, according to research by the High Pay Centre thinktank and the Trades Union Congress (TUC).

The median average pay of CEOs of companies in the FTSE 100 index rose to £3.4m in 2021, compared with £2.5m in 2020 during the height of the coronavirus pandemic when many bosses took a voluntary pay cut as they placed millions of employees on furlough. CEO pay has also surpassed the £3.25m median recorded in 2019, before the pandemic.

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