Firms to disclose pay gap between CEOs and workers

Posted on August 25th, 2017

Britain’s top companies could be forced to disclose and explain the pay gap between their chief executive and workers under plans to be set out by Prime Minister Theresa May, the Guardian reported this morning.

The Government is keen to demonstrate that it will get to grips with rising corporate pay in plans expected to be announced next week, the paper said.

Government sources stressed that the pay transparency plans were only one aspect of a package of measures aimed at reining in boardroom excess and making Britain’s companies work better.

The Green Paper on the subject, published last year, raised the question of whether companies should publish ratios comparing CEO pay with earnings in the wider company workforce.

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