Fat Cat Day
As Fat Cat Day , the day is called, at which a top manager has grossed as much as an average employee in a year. The term comes from Great Britain and was invented by the think tank High Pay Center . The boards of directors of companies listed in the FTSE 100 Index earned an income of £ 3.45 million (median) in 2016. That's 120 times the median salary of a full-time worker of £ 28,758. If you divide the 365 days of a year by 120, the result is that a top manager only needs three working days to receive an average gross salary. In 2018, a Fat Cat Thursday was declared on Thursday, January 4th, 2018 .
According to the Chamber for Workers and Employees , the CEOs of companies listed in the ATX earned the median income of an employee after six working days in 2016 , so Fat Cat Day (January 1st and 6th due to public holidays) in Austria would be January 8th.
Web links
- Karsten Seibel: Head salaries: Today at noon the hour of the "fat cats" strikes , Die Welt , January 5th, 2018
Individual evidence
- ↑ Ralph Denzel: "Fat Cat Day": Why top managers can be happy today. Südkurier, January 5, 2017
- ^ Rupert Neate: "Fat Cat Thursday": top bosses earn workers' annual salary by lunchtime. The Guardian, January 4, 2018
- ↑ derStandard.at: CEOs earn the annual salary of middle-class employees in six days . Article from January 29, 2018, accessed on January 29, 2018.