A study from the High Pay Centre on pay ratio reports has prompted calls for significant governance reforms in pay and worker representation.
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.
A survey reveals that despite being an option in the UK’s corporate governance code, workers on boards is an unpopular choice.
Proposed new governance code broadly welcomed for emphasis on corporate culture and strengthening shareholders’ and workers’ voices, but there is a call for more to be done on executive pay.
Average pay packet for FTSE100 CEOs falls in 2016 but there are calls to rethink the measures which set their remuneration.
Executive pay has reached “unwarranted” levels due to long-term pay plans, warns the High Pay Centre.