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Transcripts For BBCNEWS Business Briefing 20240714

A major complaint by many workers across the world is that their salaries remain fairly stagnant, while their bosses continue to enjoy bumper pay rises. However times may be changing. A new report by the High Pay Centre suggests the salaries of chief executives for the uks top 100 listed companies saw a significant drop last year. The report found that median pay for ftse 100 bosses fell by 13 in 2018 to 4. 2million, compared to 4. 8million in 2017. Despite the fall, their pay is still 117 times that of the average uk full time worker earning 35,700 a year. Claudine adeyemi is a director at career ear, an advice and recruitment platform. Good to have you with us. Do you think it is a good thing that it has fallen . I do think it is a good thing. For some decades we have seen that chief executives are receiving incredibly large pay in comparison to that wider workforce and the disparity in pain can then add various tensions if we are thinking about the wider economy and social cohesion

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