THE SKY’S THE LIMIT: reining in the fat cat pay gap
In this episode:
The typical FTSE 100 CEO only had to work until 5pm last Monday (6th January) to earn as much as the average worker in the entire year. We chat to Deborah Hargreaves, director of the High Pay Centre, about rising executive pay and why she advocates including workers on company boards to tackle it. Then legal history whizz Ewan McGaughey explains what we can learn from the history of worker representation in the UK and around the world.
And fabulous author Nina Stibbe is here to talk about her latest book, ‘Reasons to be Cheerful’ (nice title…!)
Guests
Deborah Hargreaves (@deborahharg), director of the High Pay Centre and author of ‘Are Chief Executives Overpaid?’
Ewan McGaughey (@ewanmcg), senior lecturer in law at King’s College London
Nina Stibbe (@ninastibbe), author of ‘Reasons to be Cheerful’
More info
Executive pay
High Pay Centre: High Pay Day 2020 briefing (Jan 2020)
CIPD: Executive Pay in the FTSE 100 (Aug 2019)
Commons Business Committee: Executive rewards: paying for success (Mar 2019)
Deborah Hargreaves: Are Chief Executives Overpaid? (Oct 2018)
High Pay Centre: Pay Ratios: Just Do It (Nov 2015)
Workers on boards and codetermination
Ewan McGaughey: Corporate Law Should Embrace Putting Workers On Boards: The Evidence Is Behind Them (Sept 2018)
LSE blogs: Ending shareholder monopoly: why workers’ votes promote good corporate governance (Nov 2017)
Nina Stibbe: Reasons to be Cheerful