Labour Party Conference Fringe: Is tackling excessive top pay anti-business?
Tuesday 29 September 2015
Hall 7, Dee
Brighton Hilton Metropole
Brighton BN1 2FU
The High Pay Centre, in association with the Smith Institute, will be hosting an event at this year's Labour Party Conference Fringe, asking 'Is tackling excessive top pay anti-business?'
Sharp rises in executive pay in recent years mean that a top boss now takes home more in two days than someone on average wages earns in a year. Multi-million pound awards for leading chief executives have even shocked some in the business community. But attempts to tackle excessive corporate pay are often labelled as an attack on aspiration and an attempt to stifle entrepreneurialism. Can Labour articulate the business and economic case for tackling huge pay disparities?
Stephen Kinnock MP
Paul Nowak (Assistant General Secretary, TUC)
Oliver Parry (Senior Corporate Governance Adviser, Institute of Directors)
Deborah Hargreaves (Director, High Pay Centre)
Chair: John Plender (Columnist, Financial Times)
The event takes place inside the secure zone - a security pass is required for entry. The event is otherwise free to attend and no pre-registration is required
Since 1 January 2020 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Conditions are critical: publicly-funded bail-outs for private companies
Government bail-outs of large businesses affected by the coronavirus must include social and environmental conditions including fair pay, fair tax contributions and worker representation on company boards
- Purpose Beyond Profit: Where Next for Business?
WATCH IN FULL: an expert panel discuss the future of business and what action is needed to tackle climate change and reduce economic inequality
- Billionaires and poverty should not coexist
It's ludicrous to suggest that we need billionaires to incentivise work and wealth creation.