UK CEOs 'earn 386 times more than workers on national living wage'

The Equality Trust have published some analysis that illustrates that the average FTSE chief executive earns 386 times more than a worker who earns the national living wage!

Reports from 2015 indicate that CEOs of companies in FTSE 100 earn on average £5.3m each year, compares with £13,662 for some who live on the national living wage.

This has prompted Equality Trust to call on the government to force firms to report pay gap between the highest paid and average employee.

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Do you think this is fair? What could be done to tackle this gap? Do you think there will always be a gap between the rich and the poor?

I honestly hate that people can even think that such insane pay gaps are justified. People don't realize that waste collectors & cleaners work in very bad conditions and have some of the worst jobs that exist. Nobody would enjoy cleaning dirty toilets and the like, or emptying bins that smell nasty, yet they get paid the lowest wages possible when they do something that many people couldn't bring themselves to do.


Aside from this, there are over a million people on the NLW. Try to afford rent, food and all your bills on NLW and see how you manage. You probably won't have any money to spend on luxuries. One of my favourite quotes:

"When the entirety of your earnings are exhausted on food and shelter, your labors are no longer viewed as an opportunity for economic advancement, but rather as an act of self-preservation. In the real world, that's called slavery."

You don't make the poor richer by making the rich less rich. It is not about the gap. You don't create wealth or opportunity that way.
I hate people like you who only focus on the gap and would rather the poor were poorer provided the rich were less rich.

I don't ever recall saying that we should make the poor even poorer. God no, that's the last thing I'd recommend. What we must do is create more equality and less of a gap. It's disgusting how we're all humans, nobody has special powers and nobody is invincible, we all come by birth and will leave by death. Yet we can still let people live in completely different conditions, providing luxury for one and have another being homeless. We need to make the gap smaller. I.e. make the poor richer and bring down the absurd salaries of big CEOs. Look at Warren Buffett, his net worth was billions upon billions. No person ever needs that kind of money. It gets stashed away in a bank account and never used while we have people dying everyday who can't even afford a breakfast. Warren donated a huge portion of his savings to Bill Gates' charity dedicated to eradicating poverty, which shows there is still hope. But still today, there is 1% of the world's population holding 90% of the wealth.

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Oh boo hoo. I bet you think you're entitled to some of that money, don't you?

You're paid what you're worth. A CEO creates a serious amount of wealth. They run companies that hire thousands of people and drive the economy. And they worked their assess off to get where they are. They can take home what pay they bloody well choose to, in my opinion.

Your arguments are awful , your only focuses on the gap, you are only focused on those at the top. You don't care about the poor, you only care if the rich are less rich. You would rather have a smaller piece of a bigger pie. "No person needs that kind of money", he earnt , its not your right to have it or to take it. Warren buffet learnt it.
Seems like you hate success. It doesn't matter how much the rich hold but on the progress of the bottom.

Its about real wage growth and the standard of living at the bottom.

Your arguments are frankly awful , I would rather have less living in poverty and a greater gap , you would rather have the reverse.

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The truth comes out, you have proved my point , you would rather the poorer were poorer provided the rich were less rich.

I'll give you an example, the free market reforms in Chile lifted many many people out of poverty but increased inequality.

It seems you are only focused on the gap and jealousy instead of caring for the poor.

You don't make the poor richer by making the rich less rich.

The fact is if me and you saw the same house. I would say "Why can't everyone live like that" and you would say " No one should be able to live like that"

you also should also mention that the rich pay a massive amount of tax compared to the poor, therefore the poor pay less tax

You are everything wrong with this world. All greed and about what you can get for yourself. Do you not think we would prosper if we helped our own people to succeed?

If you're going to have a debate with me, pick at my arguments. Don't just decide to fabricate what you want me to have said just so it can fit your response. I said the rich should be less rich, and the poor should be richer. I'm about lifting everybody's living standards. To do that though, we need fairer laws. Very very few wealthy individuals are self-made. Most of the time they've inherited wealth. It's like a few centuries ago, very very rarely would a peasant become a nobleman. It's easier to turn £10 million into £100 million than £100,000 into £1 million. Look at Donald Trump. His father gave him £1 million to help him succeed and he's now a billionaire. Would he have made those billions if he was starting from scratch like everybody else? Most people would say not.

If you're going to have a debate with me, pick at my arguments. Don't just decide to fabricate what you want me to have said just so it can fit your response. I said the rich should be less rich, and the poor should be richer. I'm about lifting everybody's living standards. To do that though, we need fairer laws. Very very few wealthy individuals are self-made. Most of the time they've inherited wealth. It's like a few centuries ago, very very rarely would a peasant become a nobleman. It's easier to turn £10 million into £100 million than £100,000 into £1 million. Look at Donald Trump. His father gave him £1 million to help him succeed and he's now a billionaire. Would he have made those billions if he was starting from scratch like everybody else? Most people would say not.

why should they be less rich? if people are poor then they should start a business and get rich, but most people are too lazy so they dont

why should they be less rich? if people are poor then they should start a business and get rich, but most people are too lazy so they dont

We're now backtracking from this progress with the rise of capitalism. Not wise at all.

Your arguments for awful, you didn't address even one of my points.