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FTSE 100 bosses make more money in 2025 by noon today than average worker in a year

www.theguardian.com 06-01-2025 06:00 1 Minutes reading

Bosses to hit milestone on third working day of 2025 with median hourly pay of £1,298, says High Pay Centre

The chief executives of FTSE 100 companies will have made more money in 2025 by midday on Monday than their average worker does in a whole year, according to the latest measure of inequality between bosses and their employees.

Median pay for FTSE 100 chief executives is £4.22m, 113 times the median full-time worker’s pay of £37,430, according to the High Pay Centre, a campaign group. That means UK bosses will exceed their workers’ annual pay within 29 hours – or at about 11:30am on Monday, if they started work straight after the new year holiday.

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Information at select committee comes as more than 700 junior workers join legal action against chain

The chief executive of McDonald’s has said 29 people have been dismissed in the past year after allegations of sexual harassment.

The UK boss of the fast-food chain, Alistair Macrow, told MPs on Tuesday that it had been alerted to 75 allegations of sexual harassment over the last 12 months, 47 of which had been upheld with disciplinary action taken and 29 resulted in people being dismissed.

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