Blog • High Pay Centre

Blog

24.04.14

The public are more concerned about inequality than immigration, cutting taxes or curbing benefits

New polling found that 76 per cent of voters think big businesses has too much power over the government, HPC Head of Research Luke Hildyard writes for Left Foot Forward Last week a study from…

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22.04.14

UKIP Supporters say tackling rich/poor gap is higher priority than taxes and benefits

Party leaders warned: ‘Ignore inequality at your peril.’ 80 per cent of public put reducing pay gap as priority for government Tackling the gap between rich and poor is set to become a defining issue…

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Blog

02.04.14

Can we close the pay gap?

HPC director, Deborah Hargreaves, argues in the New York Times that we need workers on boards to tackle huge corporate pay gaps The issue of pay ratios has become the latest front in a worldwide…

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Blog

24.03.14

High Pay Centre and partner organisations write to Financial Reporting Council

HPC, together with other investors and pay analysts, writes to regulator over concerns that companies are not fully complying with regulations on executive pay. Regulator responds to our concerns A group including the High Pay…

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Blog

06.03.14

The banks are using their political influence to defend the interests of their highest-paid employee

High Pay Centre Head of Research Luke Hildyard discusses the huge bonuses paid out at RBS In a Guardian webchat a couple of weeks ago, RBS CEO Ross McEwan described himself as being ‘pragmatic’ with…

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Blog

06.03.14

Executive pay schemes are not fit for purpose

Andrew Smithers, respected City economist, told a High Pay Centre debate that executive pay schemes reward short-term behaviour rather than investment in long-term business success Executive pay schemes are not fit for purpose and are…

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Blog

25.02.14

High Pay Centre writes to Martin Wheatley, CEO of the Financial Conduct Authority

As HSBC hands its CEO allowances worth £32,000 a week on top of his £1.2m salary, the High Pay Centre calls on the regulator to investigate bank behaviour. British banks are now all finding ways…

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Blog

17.02.14

Why companies should address growing pay gaps

An article by Deborah Hargreaves for the Webb Memorial trust website, arguing that companies should tackle the widening gap between workforce pay and executive remuneration The gap in pay for those at the top and…

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Blog

24.01.14

Has excessive pay gone too far?

HPC Head of Research Luke Hildyard debates inequality with Anthony Browne of the British Bankers Association This year ‘fatcat Wednesday’ took place on January 8. Just three working days into 2014, the bosses of Britain’s…

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Blog

21.01.14

The first place to start on bankers’ pay is that it needs to be lower

High Pay Centre Head of Research Luke Hildyard writes for Left Foot Forward, arguing that much of the concern about the cap on bankers' bonuses is exaggerated The first place to start on bankers pay…

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Blog

08.01.14

Pay policy for MPs is based on same flawed assumptions as for bankers and CEOs

HPC Head of Research Luke Hildyard discusses proposed 11% pay increase for Parliamentarians The mooted 11% payrise for Members of Parliament has prompted the curious spectacle of a professional group howling in protest at the…

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Blog

07.01.14

‘Fatcat Wednesday’ for FTSE 100 CEOs

UK bosses have already made more money in 2014 than the average worker will earn in the whole year Britain’s top bosses have already made more money in 2014 than the average UK worker earns…

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06.01.14

Why we need to tackle rampant inequality in London

The growing gap between rich and poor is causing London to feel like a divided city. This blog by Deborah Hargreaves appears on the Changing London website. London is at the centre of an increasingly…

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19.12.13

High Pay Centre responds to Financial Reporting Council consultation on executive pay

Our thoughts on proposed changes to executive pay-setting process Is the current Code requirement sufficient, or should the Code include a “comply or explain” presumption that companies have provisions to recover and/or withhold variable pay?…

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16.12.13

Will the EU bank bonus cap reduce bankers’ pay?

A debate at the High Pay Centre on Tues 10 Dec discussed the bonus cap and its implications. At the High Pay Centre debate, Natalie Bennett, leader of the Green party, asked what kind of…

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27.11.13

Wealth is created collectively, not by god-like ‘wealth creators’

The notion that executives are 'wealth creators' with god like status is a view which neglects other contributors to an organisations success, such as the wider workforce or government investment. High pay Last year directors…

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27.11.13

The failure of the Swiss referendum demonstrates the need to tackle high pay globally

The failure of the Swiss referendum to cap pay for top bosses at 12 times the pay of lowest paid employees may demonstrates that we need to tackle high pay issues at a global level.…

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Blog

20.11.13

FTSE 100 Directors pay up 14% as workers wages stagnate

High Pay Centre Head of Research Luke Hildyard discusses pay rise for top executives on BBC Breakfast Research from Incomes Data Services revealed that FTSE 100 Company Directors pay increased by an average of 14%…

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