High Pay Centre thinktank says publishing salary ratios could shame firms into curbing excessive pay and benefits for chief executivesCompanies should publish the pay gap between their bosses and their workforce in an effort to shame big trade into curbing excessive pay, according to a main thinktank.
Data published by the High Pay Centre and advisory body Manifest earlier this year showed that the ratio of chief executive pay in the FTSE 100 to their average employee was 150:1 in 2014: average pay for a FTSE 100 chief executive was 5.2m compared with £34846 for the workforce. Related: Britain's largest firms failing to reveal bonus criteria Continue reading...
Source: theguardian.com