Statement on BP shareholder vote
A great moment - be part of it
The 59% vote against BP's remuneration report is a remarkable and welcome development.
Remuneration committees have got to use what is called "discretion", that is, do their job.
The shareholders have said: you have gone too far, and this level of pay cannot be justified or accepted.
The board must think again.
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.