LONDON, Aug. 22 (Xinhua) -- The median pay of an FTSE 100 chief executive officer (CEO) rose by 16 percent in 2022 and is now 118 times that of a full-time worker in the United Kingdom (UK), the High Pay Centre think tank said on Tuesday.
The median pay of the CEOs of the 100 large companies listed in the UK increased from 3.38 million British pounds (4.30 million U.S. dollars) in 2021 to 3.91 million pounds in 2022, it said.
"At a time when so many households are struggling with living costs, it is surely not desirable or sensible for companies, including some of Britain's biggest employers, to prioritize a half a million pound pay rise for executives who are already multi-millionaires," it noted. (1 British pound = 1.27 U.S. dollars) ■
