LGIM,one of the City’s largest fund management groups, predicts issue will trigger more transparency as AGM season gets under wayThe widening discrepancy between shopfloor wages and soaring boardroom pay is rising up the agenda of major investors and could spark calls for companies to provide more detail approximately their pay ratios, or according to one of the largest fund management groups in the City.
Legal & General Investment Management’s annual corporate governance report predicted that pay ratios – the chief executive’s pay relative to the average employee – would be a “hot topic” in 2016. Continue reading...
Source: theguardian.com