Juan Mourep
Vital 1st Team Regular
http://www.huffingtonpost.co.uk/2014/07/14/boss-180-pay-times-average_n_5583735.html?icid=maing-grid7%7Cuk%7Cdl1%7Csec3_lnk4%26pLid%3D278620
Your Boss Is Now Paid 180 Times More Than The Average
Executive pay packets have now ballooned to nearly 180 times that of the average worker, a new report has found.
The High Pay Centre think-tank used the figure to call on the government to force companies to cap executive pay at a fixed multiple of their lowest-paid employee, marking an increase from 60 times the average pay in the late 1990s.
Shareholders were still approving high executive pay deals despite getting new powers to vote them down at annual meetings, the think-tank said. Meanwhile, its report found that the pay of the average FTSE 100 chief executive increased from £4.1 million to £4.7 million last year.
The High Pay Centre warned that the perception of executives "reaping all the rewards from economic growth" risked damaging trust in business.
More at the link
Your Boss Is Now Paid 180 Times More Than The Average
Executive pay packets have now ballooned to nearly 180 times that of the average worker, a new report has found.
The High Pay Centre think-tank used the figure to call on the government to force companies to cap executive pay at a fixed multiple of their lowest-paid employee, marking an increase from 60 times the average pay in the late 1990s.
Shareholders were still approving high executive pay deals despite getting new powers to vote them down at annual meetings, the think-tank said. Meanwhile, its report found that the pay of the average FTSE 100 chief executive increased from £4.1 million to £4.7 million last year.
The High Pay Centre warned that the perception of executives "reaping all the rewards from economic growth" risked damaging trust in business.
More at the link
