Latest • High Pay Centre

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…

MinuteWorks

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…

MinuteWorks

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…

MinuteWorks

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…

MinuteWorks

Past Event

22.01.14

The Road to Recovery: A Conversation with the Author – Andrew Smithers

Thursday 6 March 201412:30pm 32-36 Loman StreetConference Room BLondon SE1 0EH In his highly regarded book, The Road to Recovery - How and Why Economic Policy Must Change, Andrew Smithers argues that the current neoclassical values…

MinuteWorks

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…

MinuteWorks

Publications

20.01.14

The High Cost of High Pay: Unequal workplaces suffer more strikes and higher staff turnover

High Pay Centre analysis shows hidden cost of big pay differentials within organisations Workplaces with big pay gaps between the highest and lowest wage earners suffer more industrial disputes, more sickness and higher staff turnover…

MinuteWorks

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…

MinuteWorks

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…

MinuteWorks

Blog

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…

MinuteWorks

Blog

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?…

MinuteWorks

Blog

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…

MinuteWorks

Publications

04.12.13

One Law for them: How big companies flout rules on executive pay

New High Pay Centre research suggests top companies are ignoring rules requiring them to relate executive pay to pay for ordinary workers A new report from the High Pay Centre published this week shows how…

MinuteWorks

Blog

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…

MinuteWorks

Blog

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.…

MinuteWorks

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%…

MinuteWorks

Past Event

18.11.13

Does the Cap fit? Will the EU Bankers Bonus cap help solve the problems with Banking?

Tuesday 10 December 201312:00pm CAN Mezzanine32-36 Loman StLondon SE1 0EH High Pay Centre discussion hosted in partnership with the Friedrich Ebert Stiftung Speakers include: Patrick Jenkins, banking editor of the Financial Times Natalie Bennett, leader…

MinuteWorks

Past Event

14.11.13

The High Price of High Pay: Pay Ratios within UK Firms

Tuesday 21 January 20145:30pm Room 3.1, Queen Mary University of London,67-69 Lincoln's Inn FieldsLondon WC2A 3JB Speakers include: Dr. Maria Koumenta and Dr Almudena Sevilla, Queen Mary, University of London James Corah, Secretary to the Church…

MinuteWorks