Did our British friends borrowed from La Fontaine his Raminagrobis description (*) qualifying top CEOs as “fat cats”?
The British site High Pay Centre, advised by our ECGS partner Manifest, celebrated on January 5 the UK “fat cat Tuesday” … Recalling that the top 100 British bosses earn on average EUR 6.8 million per year, the High Pay Centre points out that they have therefore earn, on the evening of Tuesday January 5, in just two days of work, each as much as every British worker for the full year 2016, an average of 37,600 euros.
In France, the average of the 100 highest paid CEOs was, according to the Proxinvest report on executive compensation in 2014, 3.34 million … This gross annual remuneration, yet comfortable, compares to remuneration Gross average French employees also lowest of 34,944 euros gross per year according to INSEE.
Accordingly it will take to French bosses until Friday noon January 8, almost five days of work, to earn as much as the average French employee in a year!
Best wishes to you all !
PARIS, January 6 2016
(*) “Let us report, she said, to Raminagrobis.
It was a cat living as a devout hermit
A cat making chattemite,
A holy man cat, stuffed and fat,
A referee expert on all cases. ” Jean de La Fontaine (1621-1695) The Cat, the Weasel, and the little Rabbit
