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 2017 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Full text of joint CIPD/HPC submission to UK BEIS department Feb 2017
This unprecedented joint submission signifies the importance of this moment: an opportunity to make meaningful, lasting reforms to executive pay and boardroom culture and practice
- Joint HPC/CIPD response to government corporate governance green paper
Reform of pay and governance structures matter to all employees. We are pleased to make a joint submission with the CIPD
- Fat Cat Wednesday 2017
Welcome back to work. FTSE100 bosses will have already clocked up an average annual UK salary by lunchtime today.