Latest - High Pay Centre

Past Event

22.09.15

SNP Conference Fringe Event: SNP: A catalyst for fairer pay?

Thursday 15 October 201512:30pm Boardroom A&B, Aberdeen Exhibition & Conference CentreExhibition Avenue, Bridge of DonAberdeen AB23 8BL Executive pay rocketed in recent years to an average of £5 Million a year, while income inequality in…

MinuteWorks

Publications

01.09.15

Thinking High and Low: Exploring pay disparities in society

A new essay collection looking at pay gaps within organisations - how and why they've widened, what this means and how we might calculate an appropriate ratio. Including essays from Conservative MP David Davis, Daily…

MinuteWorks

Blog

25.08.15

Business responds to our report on Performance-related Pay

We wrote to the remuneration committee at every FTSE 100 Company - see who responded! Following publication of the final report of our commission on performance-related pay, the High Pay Centre wrote to the Chair…

MinuteWorks

Blog

20.08.15

CEO Pay up to £5 million – the media coverage

Highlights of extensive coverage of our report showing the ongoing rise in CEO pay relative to low and middle-income earners Our research showing average FTSE 100 CEO pay jumped to £5 million in 2014, up…

MinuteWorks

Past Event

19.08.15

New Pay Regulations: Two Years On – with Vince Cable

Tuesday 20 October 20156:00pm The Wesley Hotel81-103 Euston StreetLondon NW1 2EZ The 2013 Enterprise and Regulatory Reform Act introduced a number of significant reforms to the executive pay setting process. Britain’s biggest companies are now…

MinuteWorks

Publications

16.08.15

New High Pay Centre report: Executive pay continues to climb at expense of ordinary workers

FTSE CEO Pay jumped to £4.964 million in 2014 FTSE 100 CEO Pay climbed to £4.964 million in 2014 CEOs now paid approximately 183 times the average UK worker Top pay up significantly from £4.129…

MinuteWorks

Blog

10.08.15

Comment: Easyjet pay dispute exacerbated by high executive pay

HPC Deputy Director Luke Hildyard blogs for Left Foot Forward on the importance of trade unions in combating pay inequality Easyjet cabin crew voted last week to accept the airline's revised pay offer by a…

MinuteWorks

Past Event

10.08.15

Thinking High and Low: Exploring Pay Disparities in Society

Tuesday 1 September 201512:30pm High Pay Centre32-36 Loman StreetLondon SE1 0EH The High Pay Centre is undertaking a major project into the ratio between top and bottom pay in the corporate sector, highlighting the issue…

MinuteWorks

Blog

07.07.15

Vacancy for director of the High Pay Centre

Deborah Hargreaves is stepping down as director of the High Pay Centre later this year. We are looking for an energetic person with a proven track record to lead our highly-successful think tank. The High…

MinuteWorks

Blog

06.07.15

High Pay Centre responds to FCA Consultation

Read our submission to the Financial Conduct Authority's Investment and Corporate Banking Study The terms of reference of this study are focused on three specific issues identified in the prior wholesale sector competition review. However,…

MinuteWorks

Blog

02.07.15

High Pay Centre writes to Sajid Javid, business secretary, about pay rules

Our letter highlights a flaw in the 2013 remuneration reporting regulations. We are calling for more clarity about the relationship between companies and the remuneration consultants they use. Rt Hon Sajid Javid MPSecretary of State…

MinuteWorks

Blog

29.06.15

Does a rich List CEO really need another £43 million?

HPC Deputy Director Luke Hildyard's monthly blog for Left Foot Forward The advertising and marketing firm WPP approved the £43 million pay package awarded to Chief Executive Sir Martin Sorrell in 2014 at its AGM…

MinuteWorks

Publications

24.06.15

Are remuneration consultants independent?

Companies are required to disclose details of the work done for remuneration committees by consultants and the fees paid for it. This report highlights the poor disclosure of fees for those services. It is impossible…

MinuteWorks

Publications

10.06.15

The Metrics Re-Loaded: Examining executive remuneration performance measures

Most big company performance measures in the UK are based on profits and share price - often judging companies relative to others, so that executives can still be rewarded even if shareholders lose out. The…

MinuteWorks

Blog

04.06.15

So-called EU ‘red tape’ actually protects vital workers’ rights

A stronger case needs to be made for the social benefits of EU membership Graeme Macdonald, the chief executive of JCB, is unfazed by the prospect of Britain’s withdrawal from the European Union. He says…

MinuteWorks

Blog

27.05.15

EU proposes new rules on executive pay

The EU's shareholder rights directive potentially introduces some important rule changes on executive remuneration such as a limit to share-based pay and publication of a ratio between top and average Calling all MEPs This blog…

MinuteWorks

Past Event

21.05.15

Is Remuneration Consultancy Really Independent?

Wednesday 24 June 201512:30pm 32-36 Loman StreetConference Room BLondon SE1 0EH Remuneration consultants are at the heart of the executive pay setting process. According to the Financial Times, “One of the root causes of the…

MinuteWorks

Publications

19.05.15

Academic literature review on performance-related pay

No consensus on the strength of the link between executive pay and company performance comes out of our extensive literature review Prof Alistair Bruce and Dr Rodion Skvoroda from Nottingham University Business School review the…

MinuteWorks