Scary UK Income Statistics every Business Owner should know
Posted by Daniel Priestley | Posted in Key Person of Influence | Posted on 23-03-2011
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Let me hit you with some amazing statistics we discovered this week …
- The top 5% of income earners in the UK make over 40% of the income.
- Just 6% of companies are creating 50% of the new jobs in the UK.
- A person who is in the top 25% earns one fifth as much as a person in the top 1%
- In the UK an average CEO earns in a day what an average worker earns in a month.
I’m not going to talk about whether this is right or wrong or if it should change. The point is that when it comes to sheer earning power, all the money moves to “Key People of Influence”. It’s a small group of top performers in any industry that scoop the pool.
There’s two things you can do about this:
1. Feel deflated at how unfair it is that income is unfairly distributed.
or
2. Join us this Saturday where we talk about 5 ways to reposition yourself as a Key Person of Influence in your field.
Even making the move from being in the top 15% to the top 10% is statistically worth an extra 50% more money to you!
Repositioning yourself as a Key Person of Influence in your industry will be the most rewarding thing you do this year both financially and in terms of personal achievement.
Note: These stats came from Wikipedia under the headings “Income in the UK” and “Executive Pay” and also from http://www.statistics.gov.uk
