Tag Archives: high pay

The public are more concerned about inequality than either immigration, cutting taxes or curbing benefits

Money pile-JPEG

New polling found that 76 per cent of voters think big businesses has too much power over the government, reports Luke Hildyard.

Posted in Sustainable Economy | Also tagged , , , , | 4 Responses

Time for universities to reveal secret details of vice-chancellor pay increases

University ukj

Vice-chancellors’ eye-watering rises are cloaked in secrecy.

Posted in Public Services for All | Also tagged , , , , , , , | Leave a comment

Proof that inequality is also bad for your boss

Strikes, work-related illnesses and staff turnover are more common in organisations with bigger gaps between the highest and lowest earners.

Posted in Sustainable Economy | Also tagged , | 9 Responses

The failure of the Swiss referendum demonstrates the need to tackle high pay globally

This weekend Swiss voters rejected a referendum proposal to cap pay for top bosses at 12 times the pay of their lowest-paid employees.

Posted in Good Society | Also tagged , , , , | 1 Response

Wealth is created collectively, not by god-like ‘wealth creators’

Even supposedly ‘self-made’ millionaires rely on taxpayers to support the transport infrastructure, educated workforce and customer base on which their wealth depends.

Posted in Sustainable Economy | Tagged | 13 Responses

Pay of FTSE 100 bosses grows 20 times faster than average worker

The pay of FTSE 100 directors grew by 14 per cent in the last year – 20 times faster than that of the average worker.

Posted in Sustainable Economy | Tagged | 5 Responses

A further unearned and disproportionate increase in the size of executive pay packets

The annual Manifest/MM&K executive director Total Remuneration survey was released this week, finding that take home pay for the average FTSE 100 CEO was up to £4.3 million in 2012, an increase of 10 per cent on the previous year.

Posted in Sustainable Economy | Also tagged , , , | 1 Response

Big pay rises at top British companies

The 100 best-paid chief executives of British companies were paid £4.3 million each on average last year, an increase of 13 per cent on 2011, research has found.

Posted in Sustainable Economy | Also tagged , , , , | 2 Responses

The greed of the executives and their cosiness to government enables high pay culture

So it is not the acquiescence of the general population that enables executive pay and levels of inequality to keep increasing. It is the greed of the executives themselves, and their cosiness with a government too weak to take them on.

Posted in Social Justice | Also tagged , , , , , , | 1 Response

A minimum wage worker would need to work 380 hours a week to match top earner

A minimum wage worker would need to work for 380 hours a week to match the annual salary of someone at the 99th percentile, according to research by the Resolution Foundation.

Posted in Good Society | Also tagged , , , , | 53 Responses
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