Fat cats

Red cat lying on the sofa.

Here are two facts that help to put things in perspective as we go back to work.

First, by the end of today, the average Chief Executive of a FTSE 100 company will have been paid more than the average employee earns all year.

That’s annoying, right?

Second, by the end of today, the same average employee will have been paid more than the average Ethiopian earns all year.

(Thanks to Simon Maxwell for pointing out the second of these facts. It is already true at market exchange rates; and will be true at purchasing power parity at the end of the week.)

 

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  1. Pingback: Fat cats – Blog – Owen abroad | Public Sector Blogs

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