A typical carer would have to work for 173 years to earn the same money an average CEO scoops in just 12 months, GMB analysis of High Pay Centre data reveals.
Even someone earning the UK median average wage would have to toil for more than a century to take home an average CEO annual salary. [1]
GMB Union analysed figures from the High Pay Centre think tank which suggest the median FTSE 100 CEO's earnings for 2022 will surpass the median annual wage for a full-time worker in the UK by around 09:00am on Friday 7 January. [2]
GMB is campaigning for care workers to get at least £15 an hour.
Gary Smith, GMB General Secretary, said:
“Fat cat bosses trousering 173 times more than the carers who look after our loved ones is a disgrace.
“It doesn’t look very levelled up and is everything that’s wrong with our economy
"All UK workers must be properly paid and valued if we want to get our post-covid economy on track.”
