The issue of โ€œfat catโ€ pay awards was reignited in the United Kingdom after a think tank found a typical FTSE 100 chief executive officer earned the average annual salary for a full-time worker after just four days into the new year.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...