‘Fat Cat Tuesday’ Highlights Wage Gap Between Workers and Executives In the UK
Executive staffing agencies are constantly looking for the best candidate for the right position, but with pay steadily rising it can be hard to pull someone away from the employment they're familiar with. The vast discrepancy of pay between the executives and front-line workers in most companies is nothing new, but it's also not getting any better. At least not in the U.K., where chief executives are silently celebrating the colloquial holiday known as "Fat Cat Tuesday."
According to the global adviser and industry news source StaffingIndustry.com, Jan. 5 has become known as the date that chief executives will have already made more in the new year than the average worker will make in the entire year. This is based off of information from a UK-based independent think-tank, High Pay Cen...