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Pay gap between executives and workers to grow wider
The High Pay Centre warns that the median pay gap between executives and employees is set to widen again post-pandemic
THE gap between company executives’ pay and the wages of ordinary workers will widen again this year after narrowing during the pandemic, new research has suggested.
The High Pay Centre said that cuts to executive pay during the coronavirus crisis had led to a fall in the median pay gap between executives of FTSE 350 firms and employees.
But early examinations of recent data indicate that earnings disparities will widen again in 2022, the think tank warned.
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