Britain's CEO pay climbs 11% in one year — as working wages flatline
The report comes at a time of growing shareholder activism over big pay-outs, with companies including BT, Royal Mail and WPP all being forced to contend with stormy annual investor meetings over recent months. The research, published Wednesday, by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre showed a full-time worker on a median salary of £23,474 would need to work 167 years to earn the median annual pay of a FTSE 100 chief executive — up from 153 years in 2016. Women were found to represent just 7 percent of FTSE 100 bosses and accounted for just 3.5 percent of their total pay.