Regulation in the pipeline on reporting and governance focuses on ESG, bringing workforce issues to the fore.
Fund calls for ‘mindful’ pay ratios, showing executive pay is now firmly an issue for investors as the cost-of-living crisis bites.
Gap between FTSE 350 CEOs and average workers has risen from 34:1 to 63:1, according to early figures collated by the High Pay Centre.
ICGN predicts action on money laundering; overconfident CFOs ‘deter activists’; US climate debate continues; Intel boss pay ratio revealed.
This year is the first time since 2011 that the median FTSE 100 CEO has had to work into a fourth day to make the average annual income.
By 5.30pm today the average FTSE 100 CEO will have earned as much as a worker on median pay makes in a year.
A study from the High Pay Centre on pay ratio reports has prompted calls for significant governance reforms in pay and worker representation.
Bosses in the top 350 US companies have seen their remuneration rise by 14%, with the ratio of CEO pay to average US worker income now 320:1.
Top bosses will have earned an average worker’s annual salary by 5pm today, according to research into executive remuneration.
The Tory manifesto is light on governance pledges compared with the detailed—and sometimes controversial—proposals from Labour and the Liberal Democrats.