High Pay Centre Half Day Conference - A Sense of Proportion: The Case for Pay Ratios
Wednesday 25 November 2015
The Wesley Hotel
81-103 Euston Street
London NW1 2EZ
The issue of fair pay is becoming impossible to ignore. In August, the USA’s Securities and Exchange Commission adopted a rule that requires public companies to disclose the pay ratio of its CEO to the median salary of its employees, as part of the Dodd-Frank Act. Pay Ratio disclosure has also been implemented in India, and the issue is likely to be an important part of policy debate in the UK. The consequences for business of widening gaps between senior management and workers across the company hierarchy merit further discussion, while pay gaps within firms also have consequences for society-wide inequality. Pay Ratios are one tool that could limit the growth in excessive executive pay and provide transparency on pay disparities in our society.
The conference is the culmination of our six-month project on pay ratios and marks the launch of a major new report from the High Pay Centre, arguing the case for pay ratios. The report addresses how to calculate the ratios, what ratios may work for different business sectors, and the challenges facing their implementation.
Topics for discussion include:
• The case for pay ratios: why do we need pay ratios?
• Do pay ratios help, or hinder, corporate performance? What do investors make of them?
• How do we calculate an accurate pay ratios?
• How might pay ratios aid our economy?
10:30 – 12:00hrs – ‘The Case for Pay Ratios’, speakers include:
Paul Marsland (Author of the report)
Ruth Bender (Cranfield University)
Jane Burgess (John Lewis Partnership)
12:30 - 14:00hrs – ‘The Investors’ Perspective’, speakers include:
Sacha Sadan (Legal & General)
Daniel Godfrey (Formerly of the Investment Association)
Janice Turner (Association of Member Nominated Trustees)
Lunch as well as coffee and tea will be provided.
This event is free and open to the public, but registration is required. Please RSPV to firstname.lastname@example.org to reserve your place.
Since 1 January 2018 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- High pay for fund managers hurts our pensions
Article by HPC Director Luke Hildyard for Left Foot Forward
- New director for the High Pay Centre
Exciting news - after Easter our former colleague Luke Hildyard will be returning to take over as director from Stefan Stern, who is stepping down after two and a half years
- Speech given by Chuka Umunna MP at IoD Feb 8 2018
Here is the text of the speech given by Chuka Umunna MP at our event held at the IoD on Feb 8th 2018