The relationship between bonus increases and profit growth is virtually non-existent.
Tag Archives: high pay
The average pay of a FTSE 100 CEO has rocketed from around £1 million a year in the late 1990s to closer to £5 million today.
The public are more concerned about inequality than either immigration, cutting taxes or curbing benefits
New polling found that 76 per cent of voters think big businesses has too much power over the government, reports Luke Hildyard.
Strikes, work-related illnesses and staff turnover are more common in organisations with bigger gaps between the highest and lowest earners.
This weekend Swiss voters rejected a referendum proposal to cap pay for top bosses at 12 times the pay of their lowest-paid employees.
Even supposedly ‘self-made’ millionaires rely on taxpayers to support the transport infrastructure, educated workforce and customer base on which their wealth depends.
The pay of FTSE 100 directors grew by 14 per cent in the last year – 20 times faster than that of the average worker.