The State of Pay: One year on from The High Pay Commission
Download the latest High Pay Centre report 'The State of Pay: One year on from The High Pay Commission'
In the past year business behaviour has been under scrutiny as never before. Large-scale corporate scandals such as interest-rate rigging at Barclays, money laundering at HSBC and the latest alleged manipulation in the energy markets as well as some excessive pay awards, have undermined trust in business.
A year ago, the High Pay Commission called for companies to simplify their top pay packages. In this report we ask, what has changed? What developments have been seen over the past year and what still needs to be achieved.
Download the full report below.
For comparisons with the final report of The High Pay Commission 'Cheques with Balances: Why tackling high pay is in the national interest', please click here.
Since 1 January 2019 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- RemCo Reform: Governing successful organisations that benefit everyone
New report from HPC and the CIPD, based on interviews with remuneration committee members, investors and other stakeholders in the pay setting process, calls for corporate governance reform, with more emphasis on people management and employment culture
- It’s ‘Fatcat Friday’ - CEO pay for 2019 surpasses the amount the average UK worker earns all year
HPC and CIPD research illustrates the UK's economic divisions
- Labour’s plan for stakeholder votes on boardroom high pay might just work
HPC Head of Policy and Research Ashley Walsh blogs on a new report commissioned by the Labour Party