Football Mad: are we paying more for less?
Latest report from the High Pay Centre on pay in football
New research from the High Pay Centre reveals that footballers at the top have seen an increase of over 1500%, whilst average UK wages have risen by just 186% in the last 20 years. Players lower down have been less fortunate, with their pay rising by just over 200%. Indeed as players’ wages take up a bigger slice of club turnover, up from 48% in 1997 to 70% in 2010, we are seeing low levels of investment in the essential infrastructure that could improve the national talent pool, namely coaches.
For a selection of media reactions to the report, please see our press page
Since 1 January 2017 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Full text of joint CIPD/HPC submission to UK BEIS department Feb 2017
This unprecedented joint submission signifies the importance of this moment: an opportunity to make meaningful, lasting reforms to executive pay and boardroom culture and practice
- Joint HPC/CIPD response to government corporate governance green paper
Reform of pay and governance structures matter to all employees. We are pleased to make a joint submission with the CIPD
- Fat Cat Wednesday 2017
Welcome back to work. FTSE100 bosses will have already clocked up an average annual UK salary by lunchtime today.