Efforts to promote greater transparency around pay as a way of curbing soaring boardroom salaries are perhaps beginning to look pointless when one considers that by lunchtime on Thursday, 4 January the average FTSE100 CEO made more money than the typical U.K. full-time worker earns in the entire year.
According to calculations from independent think tank The High Pay Centre and the Chartered Institute of Personnel and Development (CIPD), the professional body for HR practitioners, U.K. top executives passed the median gross annual salary of £28,758 for full-time employees in just three working days.
