This afternoon, the bosses of the UK's biggest public companies will have earned as much in just a day and a half back at work as the average person makes in a year.
The chief executives of FTSE 100 companies will have raked in the equivalent UK average salary of £27,645 by late afternoon, according to the High Pay Centre, which is calling today 'Fat Cat Tuesday'.
Britain's top bosses make an average of £4.96 million a year - hourly pay of more than £1,200, the centre says.
It has launched this "pay counter" showing how much the average exec has earned this year so far, if they came back to work on Monday:
The pay packet for the bosses can be compared to the average earnings for these more common jobs:
- Science/technology professional: £38,349
- Average UK worker: £27,645
- Teacher: £27,105
- Skilled construction worker: £25,242
- Nurse: £24,799
- Factory worker: £21,453
- Office administrator: £17,960
- Worker on living wage: £17,160
- Worker on minimum wage: £13,936
Some commenters did some speculative calculations of their own:
By my calculations, a FTSE 100 boss who spends half an hour a day on the toilet earns £163,280 per year just by taking a poo #FatCatTuesday— Dom Graham (@GuitaristDom) January 5, 2016ADVERTISEMENT
High Pay Centre director Stefan Stern said: “We are not all in this together, it seems. Over-payment at the top is fuelling distrust of business, at a time when business needs to demonstrate that it is part of the solution to harsh times and squeezed incomes, and is promoting a recovery in which all employees can benefit.”
Some commenters online were taking the news more lightly:
Is it the weekend yet!?January 5, 2016
Of course, FTSE 100 heads aren't the richest people around - it was pointed out on Radio 4's Today programme that footballer Wayne Rooney had earnt the UK's average pay by 6.30pm on 1 January.
These eight shocking facts reveal the wage inequality in the UK, which campaigners say is "unfair" and a "continuing problem":