The High Price of High Pay: Pay Ratios within UK Firms
Tuesday 21 January 2014
Room 3.1, Queen Mary University of London,
67-69 Lincoln's Inn Fields
London WC2A 3JB
- Dr. Maria Koumenta and Dr Almudena Sevilla, Queen Mary, University of London
- James Corah, Secretary to the Church Investors Group
- Abigail Herron, head of responsible investment engagement, Aviva Investors
- Mike Clancy, general secretary of Prospect union.
How much more is your boss worth than you? Pay ratios within companies reflect important but intangible principles of fairness, responsibility and solidarity.
As the pay ratio between Britain’s top executives and the rest of the workforce grows ever larger, we are holding a debate about the impact of large pay gaps on business performance.
Large pay discrepancies within companies can undermine employee morale and engagement with a detrimental effect on the performance of the workforce and ultimately, the business. The High Pay Centre in collaboration with the Centre for Equality and Diversity at Queen Mary, University of London, are launching a new report on pay ratios and how they affect employee engagement and productivity.
The launch event will take place at Queen Mary, University of London, Lincoln's Inn Fields, on the 21st of January. The event will begin at 5:30pm and end at 7:00pm. Drinks and nibbles will be provided.
The event will include a brief presentation of our research, followed by a more general discussion on pay ratios with contributions from all the panellists and questions from the floor.
This event is free of charge and open to all but places are strictly limited. If you are interested in attending, please email firstname.lastname@example.org
Map and directions are available here.
Since 1 January 2017 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Reality Bites - average FTSE100 CEO pay package down 17% on previous year
Political pressure, public disapproval and campaigning all combined to restrain pay at the top in 2016. But what next?
- CIPD/High Pay Centre survey of FTSE100 CEO pay packages 2016
Our joint annual survey of the state of top pay in the FTSE100
- A government which has lost its purpose
High Pay Centre response to the Queen’s Speech – 21 June 2017