It would be good if Chris K or Uncle Leong (his form has returned after a long period of really sub-standard stuff that almost had me classify him as a cybernut alongside Tan Jee Say) could calculate something similar (see below) based on PM’s pay and the median pay of S’poreans.
And also calculate something similar for Nathan
for flipping pratas for being chief jaga.
(And yes I’m being really lazy asking others to do what I should be doing. In my defence, trying to peddle, promote some software. Really doing work is hard.)
I read that really tua kee bosses in the UK will have earned more by midday on Wednesday than typical workers earn in the entire year, the High Pay Centre think tank said. BBC goes on to say
Branding it “Fat Cat Wednesday”, it says that is the time executives will pass the average UK salary of £28,200.
High Pay Centre director Stefan Stern said it was an important reminder of the unfair pay gap in the UK.
The think-tank has made the calculation for the the past three years, but this year it is comparing the top bosses’ median salary of about £4m a year with the median UK employees’ salary of £28,200.
Here’s more from the
The paper says that, by lunchtime on Wednesday, the bosses of Britain’s biggest corporations will have already earned as much as the average person will be paid all year.
In its opinion column, the paper says “inflated rewards for the overpaid elite aren’t even linked to ability or performance while most of the country grafts hard for a relative pittance”.