Tag: High Pay Centre

News round-up: this week in governance
Firms fail to keep pace with tech; AI and the never-ending board meeting; CEO pay at Barclays; remco strategies.

Pay gap is ‘storing up some big problems’
Top CEOs earn in only a few days what the average full-time UK worker earns in a year, according to the High Pay Centre thinktank.

News round-up: this week in governance
Record audit fees; companies failing on sustainability risk reporting; Meta and other companies face ‘underminers of democracy’ claim.

Executive pay guidelines declare the need for ‘case-by-case’ assessment
There should be a ‘clear rationale’ that aligns remuneration with a firm’s purpose, values and goals, says the Investment Association.

Median FTSE 100 CEO pay rises to record high
AstraZeneca’s chief executive, Sir Pascal Soriot, tops the list with £16.85m, High Pay Centre research reveals.

Next UK government must ‘promote governance’ to boost investment
‘Our governance regime is an asset of UK plc,’ said the chief executive of the Chartered Governance Institute.

Executive pay packet of £11m revives remuneration row
David Schwimmer, chief executive of LSE Group, stands to make twice as much as in 2022, according to a recent report.

UK Corporate Governance Code an ESG ‘disappointment’
Thinktank criticises the Financial Reporting Council for deleting ‘pretty tame’ measures related to ESG from the latest version.

Executive pay gap widens further
Top CEOs will have earned more than a typical UK worker’s median annual pay by lunchtime on 4 January, thinktank estimates.

UK chief executive pay gap widens
In the FTSE 350, the median chief executive’s pay was 57 times that of the median employee in 2022, up from 56:1 the previous year.