This week the UK government introduced a series of measures to regulate corporate governance.
The aim of these is to increase trust
Reaction.
TUC - feeble
Unite Union response
BBC business editor referred to it as a corporate climb down.
Guardian - Corporate governance be stronger not weaker.
FT - reforms can be effective
Institute of Directors.
CBI comment.
CIPD - earlier comment on 'fat cat executive pay'
One of the measures is for listed companies to publish pay ratios
the High Pay Centre has reports on what the top FTSE CEOs earn and the gap/ ratio with other workers.
This recent review from CIPD and High Pay Centre found that although the renumeration of the top 25 fell in 2016, ' it would still take the average UK full-time worker on a salary of
£28,000 (median full-time earnings) 160 years to earn what an average
FTSE 100 CEO is paid in just one year'
Pay Compare- an non profit body also campaigns for pay ratio fairness and transparency. Its website has examples of campaigns and reports.
see the pay ratios for those it has collected.
The office of National Statistics Annual Survey on Hours and Earnings give details on working conditions in the UK
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