Because more equal societies work better for everyone

Executive Pay

Pay Tracker: Comparing CEO pay in the FTSE 100 with average pay and low pay in the UK

Our brand new Pay Tracker report reveals that CEOs in the UK’s top 100 companies now pocket an average of £5.3m each year, or 386 times that of a worker earning the National Living Wage.

Over two thirds (67%) of FTSE 100 CEOs are paid more than 100 times the average UK salary. Ninety per cent of FTSE 100 CEOs are paid at least 100 times more than the National Living Wage.

Equality Trust analysis also found that FTSE 100 CEOs are now paid:

•    165 times more than a nurse.

•    140 times more than a teacher.

•    132 times more than a police officer.

Sign Our Petition to Tackle Fat Cat And Poverty Pay

Today, we are launching a petition to call on the Government to introduce mandatory pay ratio reporting in the private sector. The private sector is where we have the largest pay gaps. Too many of our larger companies are paying excessive salaries at the top and poverty pay at the bottom. Currently, FTSE 100 CEOs are taking home around 190 times what the average UK worker makes and nearly 400 times what the lowest paid receive.

Molehills Not Mountains: Why We Should Persist With Pay Ratio Plans

The Financial Times reported today that Theresa May’s plans to require companies to publish the pay ratio between CEOs and average workers have hit a ‘snag’. Those of us who have been calling for this transparency for years have, unsurprisingly, already considered these potential ‘snags’, and still consider it a policy worth fighting for. Let’s examine some of the molehills that critics are (predictably) turning into mountains.

Trust me, I'm a Senior Manager...

A new survey released today by the Chartered Institute of Personnel and Development (CIPD) shows that most people don’t trust their senior managers.  Only 34% of people surveyed trusted the senior management of their organisation but 92% of them trusted their direct colleagues. Little surprise perhaps with large organisations cutting pay for staff and outsourcing jobs, whilst increasing bonuses for their top executives.

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