According to calculations by the High Pay Centre think tank, company executives returning to work in the new year will have have made more than £27,645 (€37,608, $40,620), the UK average annual salary, by late afternoon on 5 January, the so-called "Fat Cat Tuesday".
The think tank added that the average
pay of CEOs at FTSE 100 companies has now rise to £4.96m, which translates to an hourly pay of more than £1,200 , while the latest Manifest MMK pay survey found the typical value of a FTSE 100 CEO's incentive award has risen by nearly 50% of salary since the previous year.
In comparison, the salary of the average UK worker has increased by just £445 to £27,645.
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