{"id":8598,"date":"2012-05-08T17:27:46","date_gmt":"2012-05-08T16:27:46","guid":{"rendered":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=8598"},"modified":"2012-05-08T17:29:57","modified_gmt":"2012-05-08T16:29:57","slug":"have-you-had-an-11-increase-in-pay","status":"publish","type":"post","link":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=8598","title":{"rendered":"Have you had an 11% increase in pay?"},"content":{"rendered":"<p>I doubt it because, according to <a href=\"http:\/\/www.bbc.co.uk\/news\/business-17996094\">this BBC story<\/a>, the average British worker received a mere 1.1% increase in pay in the last year. Since inflation has been higher than this, it means that British workers have suffered a real <em>decrease<\/em> in pay at the same time as provision of public services has been cut.<\/p>\n<p>But, we&#8217;re all in this together, right? Well, no. According to the same story, the Chief Executives of the FTSE 100 companies have seen an average rise in pay of 11%. Well, perhaps they are so poorly paid that they need a percentage increase 10 times that of the rest of us.<\/p>\n<p>Apparently not. According to the research by Manifest, the typical CEO of an FTSE 100 company earns \u00a33.65 million annually. In fact, this could be an under-estimate. Manifest&#8217;s research is based on an analysis of accounts for 60% of the relevant companies. I did <a href=\"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=8304\">a posting<\/a> a few weeks ago quoting work by Incomes Data Services which suggested that FTSE 100 CEOs average \u00a34.2 million a year.<\/p>\n<p>Is it any wonder that shareholders in a variety of British companies and voters in elections across Europe are rebelling against the unjustifiable inequalities in our societies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I doubt it because, according to this BBC story, the average British worker received a mere 1.1% increase in pay in the last year. Since inflation has been higher than this, it means that British workers have suffered a real decrease in pay at the same time as provision of public services has been cut. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8598","post","type-post","status-publish","format-standard","hentry","category-british-current-affairs"],"_links":{"self":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/8598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8598"}],"version-history":[{"count":7,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/8598\/revisions"}],"predecessor-version":[{"id":8604,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/8598\/revisions\/8604"}],"wp:attachment":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8598"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}