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
- The UK tops the millionaire bankers league – but our overall prosperity is distinctly mid-table
The UK has more millionaire bankers than the rest of Europe put together, according to figures from the European Banking Authority. Blog by HPC Director Luke Hildyard for Open Democracy)
- New HPC Director - Baroness Lister of Burtersett joins board
HPC is delighted to announce that Baroness Lister of Burtersett, Emeritus Professor of Social Policy at Loughborough University, has joined our Board of Directors
- Don’t praise the super-rich just for paying their taxes
The new Sunday Times 'tax rich list' is a welcome initiative, but praise for people for merely paying their taxes should be measured - blog by HPC Head of Policy and Research Ashley Walsh for Left Foot Forward