Tag: pay gap

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.

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.

Covid-19: cuts to executive pay ‘mainly superficial or short term’
Only 36 FTSE 100 companies cut CEO pay as a result of the pandemic, while the median FTSE 100 CEO pay package fell by 0.5% in 2019.

New UK CEO pay-ratio reporting laws announced
The UK government has drafted regulations to hold large UK-listed companies to account for the pay gap between executives and their average employees.

Companies face new law demanding they justify pay gap
New laws will require companies to justify their pay gap and report on how their policies “act in the interests of employees and shareholders”.