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Wales Online
Wales Online
National
Neil Shaw

Your boss will earn more by this afternoon than you will earn all year

Some five days into the new year, the average chief executive of the UK’s biggest companies will have earned as much as the average worker in the country will make for the whole of 2023, new research suggests.

Data from the High Pay Centre indicated on Thursday that by 2pm, bosses of FTSE 100 companies will have earned an average of £33,000 so far this year.

This is the same as the median salary for a UK worker. The data is based on figures from last year, taken from the Office for National Statistics and the financial reports of publicly listed companies.

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