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Politics and Government

Ensure legislation on pay ratios is backed by action to reduce income inequality, says The Equality Trust

Commenting on the BEIS announcement on corporate governance and pay ratios, Dr Wanda Wyporska, Executive Director of The Equality Trust said:

“Legislation forcing companies to publish their pay ratios is long overdue, given that a FTSE 100 CEO now earns an average (median) annual pay of £3.45 million [1], per year, a staggering 242 times more than that of a minimum wage worker.

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