UK retail chiefs earn among highest multiples of w

2022-04-05
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UK retail chiefs earn among highest multiples of workers’ wages - Today News Post Today News || UK News

Online grocer Ocado paid its chief executive about 2,600 times its average worker last year, according to new research that shows the yawning gap in wages between the boardroom and the shopfloor across British industries.

Retailers Tesco and JD Sports claims, internal ministry emails obtained b, and gambling group GVCThe province., were also among the UK companies with the biggest gap between pay for their chief executives and the average worker, according to a report by think-tank High Pay Centre and the Standard Life Foundation.?

Overall, median pay among chief executives in the FTSE 350 was 53 times that of the median employee, ranging from a ratio of 140:1 in the retail trade to 35:1 in financial servicesNo other external party can become part of a coalition government. That.

Ocado said last year’s pay ratio was distorted by the one-off effect of a maturing incentive scheme that resulted in chief executive Tim Steiner receiving a £58m payout.

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