Skip to content

14 November, 2025

  • My Account
  • Subscribe
  • Log In
  • Log Out

Board Agenda

  • Governance
  • Strategy
  • Risk
  • Ethics
  • News
  • Insight
    • Categories

      • View all
      • Governance
      • Strategy
      • Risk
      • Ethics
      • Board Expertise
      • finance
      • Technology
    • directors duties

      3 top tips on directors’ duties

      When directors fall short of their responsibilities, the consequences can be devastating. How can board...

    • CFO

      How to build trust between the CFO and the board

      The chief financial officer’s relationship with the board is critical and requires work on both...

    • permacrisis

      How to lead through permacrisis

      In an era of constant disruption, leaders must rethink culture and embrace empathy, purpose and...

  • Comment
      • View all
    • directors duties

      3 top tips on directors’ duties

      When directors fall short of their responsibilities, the consequences can be devastating. How can board...

    • permacrisis How to lead through permacrisis

      In an era of constant disruption, leaders must rethink culture and embrace empathy, purpose and...

    • polycrisis Business must adapt to survive the polycrisis

      The risk landscape is changing drastically, and it is only through investing in a new...

  • Interviews
      • View All Interviews
      • Podcasts
      • Webinars
    • Evangelos Mytilineos Metlen Metlen: a governance journey from Athens to London

      The energy and metals multinational joined the FTSE 100 this summer, well prepared to adopt...

    • ai C-suite challenges can need ‘substantive input’ from board

      Challenges such as the introduction of artificial intelligence should be strategic issues for the board,...

    • volatile times Boards look to short-term development to find stability in volatile times

      Nimble business, diversification to make supply chains less fragile and shorter timeframes are key moves,...

  • Board Careers
  • Resource Centre
      • White Paper Downloads
      • Book Reviews
      • Board Advisory & Corporate Services
    • Reimagining the Way the World Works 2025

      Forum for the Future sustainability report, showcasing examples of organisations or communities that are reimagining...

    • UN SDG Trailblazers cover

      Trailblazers & Transformers:  UK business sectors redefining sustainability 2025

      This UN Global Compact report examines six sectors that will shape the UK’s progress on...

    • KPMG 2025 Global CEO Outlook

      The KPMG CEO Outlook, conducted with 1,350 CEOs in Aug/Sept 2025, provides insight into the...

  • Events
  • Search by topic
    • Governance
    • Strategy
    • Risk
    • Ethics
    • Regulation
    • ESG
    • Investor Relations
    • Careers
    • Board Expertise
    • finance
    • Technology

Nine in ten FTSE 100 CEOs paid more than 100 times living wage

by Gavin Hinks on March 22, 2017

A new pay-ratio report from The Equality Trust exposes chief executive remuneration compared with average wages.

pay gaps

Photo: Pixabay

Ninety per cent of FTSE 100 CEO’s are paid 100 times more than a national living wage, according to a campaign group which has called on boards to share how they will manage their pay gaps.

The Equality Trust published its FTSE 100 pay survey this week, and also revealed that 67% of the CEOs are paid more than 100 times the average UK wage.

The highest paid FTSE 100 CEO, Sir Martin Sorrell of WPP, is paid 2,550 times more than the average UK wage, and 5,154 times more than the national living wage.

The CEO with the lowest ratio is at the Scottish Mortgage Investment Trust, where the CEO salary is two times the average wage and three times the living wage.

The data will feed into the growing demand for companies and government to act on excessive executive pay levels. The Equality Trust is campaigning for mandatory pay-ratio reporting for all medium and large companies.

The Trust argues that companies have a responsibility to pay employees fairly and “not allow themselves to become engines of inequality that drive social and economic division in the UK”.

It added: “In fact, Section 172 of the Companies Act 2006, in requiring the directors to promote the success of the company for its members, explicitly tasks them to have regard to the interests of the company’s employees the impact on the community and the reputation of the company. It could be argued that directors are flouting the spirit, if not the word, of the law when they preside over vast pay differences in their companies.

“We know there is a great deal of concern within the business community about inequality and much discussion about the role business has to play in tackling it. We would therefore like to take this opportunity to invite all of the FTSE 100 companies to contact us and let us know their views, and how they intend to manage their pay gaps in future.”

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • Mail

Related Posts

  • High Pay Day reflects slight fall in FTSE 100 CEO pay
    January 7, 2022
    CEO putting pay in his pocket

    This year is the first time since 2011 that the median FTSE 100 CEO has had to work into a fourth day to make the average annual income.

  • UK chief executive pay gap widens
    December 19, 2023
    pay ratios 2023

    In the FTSE 350, the median chief executive’s pay was 57 times that of the median employee in 2022, up from 56:1 the previous year.

  • Average FTSE 350 pay ratio 'almost doubles' in 2022
    May 23, 2022
    Pound coins in a stack

    Gap between FTSE 350 CEOs and average workers has risen from 34:1 to 63:1, according to early figures collated by the High Pay Centre.

  • CEO Covid pay cuts merely ‘symbolic’
    July 19, 2022
    pandemic pay

    Top-level pay was boosted to pre-pandemic levels by incentives schemes in many cases, leaving investors ‘outraged’, researchers found.

Search


Follow Us

Most Popular

Featured Resources

wef global risks 2025

The Global Risks Report 2025

The 20th edition of the Global Risks Report reveals an increasingly fractured global...
Supply chain management cover

Strategic Oversight in Supply Chain Management: A Guide for Corporate Boards 2025

Supply chains have become complex, interdependent and opaque and—according to research...
OB-Cyber-Security

Cyber Security: What Boards Need to Know

Maintaining firewalls, protecting servers and filtering malicious emails rarely make...

The IA’S Principles Of Remuneration 2024 2025

This guidance from the Investment Association is aimed at assisting remuneration...
Diligent 2024 leadership tech cover

Leadership, decision-making & the role of technology: Business survey 2024

This research report by Board Agenda and Diligent sheds light on how board directors...

Director Reference Guide: Navigating Conflict in the Boardroom

The 'Director Reference Guide' on navigating conflict in the boardroom provides practical...
Nasdaq 2024 governance report cover

Nasdaq 2024 Global Governance Pulse

This Nasdaq survey gathered data from more than 870 board members, executives, and...

Becoming a non-executive director (4th edition)

Board composition is the subject of much debate, while the role of the non-executive...
art & science brainloop new cover

The Art & Science of Creating an Effective Board

Boards are coming under more scrutiny and pressure than ever before from regulators,...
SAA First time NED guide

First Time Guide for Non-Executive Directors

The role of the non-executive director has never been more vital: to advise, support,...

SUBSCRIBE TODAY

Stay current with a wide-ranging source of governance news and intelligence and apply the latest thinking to your boardroom challenges. Subscribe


  • Editors & Contributors
  • Editorial Advisory Board
  • Board Advisory & Corporate Services
  • Media Marketing Solutions
  • Contact Us
  • About Us
  • Board Director Network
  • Terms & Conditions
  • Privacy Policy
  • Cookies
|

Copyright © 2025 Questor Media Group Ltd.

  • Terms & Conditions
  • Privacy Policy
  • Sitemap