www.theguardian.com
I'd wager the explanation is too many within the electorate think that this is the way of things and don't think anything can be done about it.How come no one is saying CEO pay is causing inflation and we can't afford pay rises for NHS, rail and key workers because it will cause inflation?
People at the top have had pay increaes of 16% - people who are insulated from inflation rises and cost of living crisis
Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened
Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m
I agree that CEOs and other directors of plcs get paid too much. They aren't accountable and they just dip their fingers (legally) into the till and take out what they want.How come no one is saying CEO pay is causing inflation and we can't afford pay rises for NHS, rail and key workers because it will cause inflation?
People at the top have had pay increaes of 16% - people who are insulated from inflation rises and cost of living crisis
Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened
Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m
Because they don’t spend their money here increasing prices, they tax evade it over to nice places and spend it thereHow come no one is saying CEO pay is causing inflation and we can't afford pay rises for NHS, rail and key workers because it will cause inflation?
People at the top have had pay increaes of 16% - people who are insulated from inflation rises and cost of living crisis
Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened
Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m
Perhaps only if they hit targets and they could demonstrate their worth in value creation was at least equal to their contribution to the company performance and profit. If a company profits purely because of market conditions it should given as bonuses to front line staff
Because they don't unionise and demand anything different?
Agreed the first paragraph. At the very least, directors shouldn't get share option bonuses unless the company's share price rise exceeds the FTSE.
Yes, I realise that the 100 CEOs aren't the only people earning £3.9m per year. But there aren't any other figures to quote. I was replying to a specific figure about specific people.You do realise that there are quoting 100 CEOs because it's the FTSE 100, not because there's only 100 of them
There's all the other directors and highly paid individuals in those companies plus tens of thousands of others. There are currently 300,000 declaring income over £200,000 pa on PAYE alone which I'm sure you are aware is a very small percentage of those actually getting over £200K. You may want to rework those figures of yours and their effect on inflation
but if CEO on average went up 16% then private companies and PLCs must be doing OK, so why can we raise the basic living wage or the minimum wage by 16%.
To be fair there only 100 CEOs of the 100 companies listed on the FTSE 100.You do realise that there are quoting 100 CEOs because it's the FTSE 100, not because there's only 100 of them
There's all the other directors and highly paid individuals in those companies plus tens of thousands of others. There are currently 300,000 declaring income over £200,000 pa on PAYE alone which I'm sure you are aware is a very small percentage of those actually getting over £200K. You may want to rework those figures of yours and their effect on inflation