Investment Association, Executive Remuneration Working Group
Read our response to the working group's interim report, in which we argue for a fundamental rethink to the principles of executive pay
The Executive Remuneration Working Group was set up by the Investment Association in late 2015 and is currently consulting on its interim report looking at the problems with executive pay in the UK.
The High Pay centre's response to the Working Group's interim report is available here in its entirety and represents a fundamental rethink of some of the principles which underpin the current system.
Our submission takes as its starting point the statement by Nigel Wilson, Chairman of the working group that "the current approach to executive pay in UK listed companies is not fit for purpose".
Since 1 January 2019 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Top Dogs and Fatcats: the debate on high pay
High Pay Centre essay featured in collection published by the Institute of Economic Affairs think tank
- HPC in the media: the myth of shareholder stewardship
Our analysis of shareholder voting patterns makes the case against a corporate governance system policed by dis-engaged investors
- The myth of shareholder stewardship
new HPC analysis shows investors are not interested in tackling inequality and excessive executive pay