The High Pay Centre, an independent think tank, has published its latest survey of the remuneration of Britain’s top executives, showing “no end to the rise and rise in top pay”. It found that the average pay of chief executives of FTSE 100 companies had risen 10 per cent in a year to £5.5 million p.a., approximately 140 times the average pay of the workforce they employ. Meanwhile Britain’s new Prime Minister ended the complacency over this issue which marked previous governments when she declared: “There is an irrational, unhealthy and growing gap between what these companies pay their workers and what they pay their bosses.”
10 August 2016, The Tablet
Mrs May’s good idea
Employees are stakeholders
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