This weekend Swiss voters rejected a referendum proposal to cap pay for top bosses at 12 times the pay of their lowest-paid employees.
Tag Archives: low pay
One if six workers have been trapped in low paying work with their wages increasing by less than the national average for at least a year, according to new research.
At a recent conference in Toronto of Workers Uniting, the global union created by Unite in the UK and Ireland and the US and Canadian union, the United Steelworkers, I heard a new term, which has now spread widely across the union movement in the USA.
There is a strong consensus that the National Minimum Wage (NMW) has been a success yet, quite rightly, we are still worried about low pay. Can we do more with the NMW, or should we be thinking about a whole platter of policies to bring about fairer pay?
In the coverage of Ed Miliband’s recent speech at Newham Dockside, the sections of the speech on employment sadly received scant media coverage. The press focused instead on welfare and benefits.
Today’s employment figures include a couple of headlines the government will be grateful for and what seems like an improvement on the pay front. But when you look at the labour market from a slightly longer perspective, the picture is less brilliant.
A modest redistribution of wealth from the top to the bottom would give a pay rise of £40 a month to the lowest paid 25 per cent of the income scale, according to a new report from the High Pay Centre.
New figures from the ONS show that a quarter of workers earned less than £12,800 a year in 2012. James Plunkett of the Resolution Foundation has written an interesting piece for the Huffington Post, in which he argues that low pay is “fast becoming one of the defining economic challenges of our age”.