Fat Cats or Top Dogs? In defence of high CEO pay |
Every year in January the High Pay Centre (they’re “an independent, non-partisan think tank focused on the causes and consequences of economic inequality, with a particular interest in top pay,” since you asked) releases its Fat Cat report, pointing out the day on which a top CEO’s earnings surpass the median UK salary.
This year, January 6 was the day on which these Fat Cats surged past the £40K mark. Every year, trade unions send out a press release to accompany the findings, raging against the supposedly egregious CEO remuneration.
The High Pay........