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The one-year income of the heads of English companies is 120 times the salary of workers

The results of a research show that the annual income of the heads of large companies in England is more than 120 times the average income of workers in this country.

reported by The UK’s “High Pay” Center, which works in the field of causes and consequences of economic inequality, announced that in 2023, an average of 4.19 million pounds, equivalent to 5.34 million dollars , has been paid to the heads of large English companies, which is the highest amount in the history of these records and was more than in 2022.

This is despite the fact that the average income of a full-time worker in these companies was equal to 34 thousand 963 pounds last year. According to this, the income of company heads is more than what a worker can receive in a significant part of his working life.

In 2023, the highest income among the heads of English companies was Pascal Soriot, the head of Astrazhenka, who received 15.3 million dollars.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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