We’re calling for a maximum 10:1 pay ratio — so no company can pay its highest-earning employee more than 10 times the pay of its lowest-paid worker.
FTSE 100 CEOs now earn on average 122 times more than the typical UK worker. This gap is unfair, damaging, and unsustainable.
A 10:1 pay ratio would rein in excessive rewards at the top, raise wages at the bottom, and make our economy fairer for everyone.
If you haven’t signed yet, please add your name today. And if you already have, thank you — could you share the petition with a friend, family member or colleague? Each signature makes the call for fair pay stronger.
High Pay Centre hits back at Barclays CEO over public sector pay remarks
In an interview with the Financial Times, Barclays CEO CS Venkatakrishnan recently urged the UK government to limit public sector pay rises to control inflation and protect public finances. His comments come as his own pay package rose to £10.5 million last year, far outstripping the earnings of most public service workers.
The High Pay Centre responded, with Executive Director Luke Hildyard quoted in the Guardian and Mirror stating,
“Someone happily accepting a pay package of £10.5m doesn’t really have the moral authority to tell nurses and teachers and local government workers they shouldn’t get a payrise. It would be a lot easier to fund decent wages for public sector workers if the wealth of multi millionaire was taxed more effectively so if the Barclays CEO is concerned about the sustainability of public finances, he would look a lot less crass and hypocritical if he used his position to argue for a wealth tax on the super rich instead.”
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Inequality is growing, and so is the influence of those who benefit from it. We fight to expose the causes and consequences of economic inequality. But because we challenge the wealthy and powerful, we can’t depend on the billionaires and corporations who bankroll most think tanks.
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