Ibex-35 managers earn between 23 and 118 times more than their staff

Ibex-35 companies' managers earn between 23 and 118 times more than the salary of their staff, according to a study by CCOO. Thus, while an employee earns €39,700 per year on average, the CEO earns €4.7m, a director, €726,000, and a senior manager €935,000.