mo4ch:>Fat Cat Friday: FTSE 100 bosses earn more in 3 days than average worker’s annual salary | Mo4ch News

Chief executives of the UK’s top companies are being paid 133 times more than the average British worker’s annual salary, according to new research for “Fat Cat Friday.”A report has found that by 1pm on the third working day of the year (Friday 4 January), FTSE 100 chief execs would have been paid as much as average workers will earn for the whole of 2019 – taking them two hours fewer than last year.The study, carried out by the High Pay Centre think tank and the Chartered Institute of Personnel and Development (CIPD), shows that the average FTSE 100 top boss is paid just over £1,000 an hour, compared with the national living wage of £7.83 for adults aged 25 and over.Also on rt.comKen Livingstone: Decade after 2008 crisis, no changes made, richest get richer, inequality growingLuke Hildyard, director of the High Pay Centre, said: "Excessive executive pay represents a massive corporate governance failure and is a barrier to a fairer economy."Their calculation is based on the …