High Pay Centre (@highpaycentre) 's Twitter Profile
High Pay Centre

@highpaycentre

An independent, non-partisan think tank focused on the causes and consequences of economic inequality, with a particular interest in top pay.

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linkhttps://highpaycentre.org/subscribe/ calendar_today20-01-2012 17:32:42

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Meanwhile average (mean) FTSE 100 CEO pay jumped from £4.2 million to £5 million in 2023 due to big jumps in CEO pay awards at a small number of companies. In 2022 4 FTSE 100 CEOs were paid more than £10 million, in 2023 there were 9.

Meanwhile average (mean) FTSE 100 CEO pay jumped from £4.2 million to £5 million in 2023 due to big jumps in CEO pay awards at a small number of companies.

In 2022 4 FTSE 100 CEOs were paid more than £10 million, in 2023 there were 9.
abrdn Financial Fairness Trust (@finan_fairness) 's Twitter Profile Photo

The highest paid FTSE 100 CEO received a total of £16.85 million, at AstraZeneca. That’s 482 times the pay of the median UK full-time worker. Latest analysis High Pay Centre on CEO pay highpaycentre.org/ftse-100-ceo-p…

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While CEO pay has stabilised at many FTSE 100 companies, the number of CEOs being paid £10 million+ has shot up. Luke Hildyard explains the risk that the gap between CEO and worker pay could continue to grow if we continue to follow the current business model.

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Today's Guardian editorial says "achieving a more equitable distribution of rewards is...an ethical imperative" and that "Anything that helped rein in the current excesses would be a move in the right direction" citing our proposal for workers on boards theguardian.com/commentisfree/…

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Loved shooting the breeze re: CEO pay with the BBC Business news yesterday - thanks to Emmanuel Macron whose arrival 'en retard' for the post Olympic speech meant the programme didn't get cancelled

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It shouldn’t be necessary to pay a CEO more than 100 times the pay of typical workers for a company to operate successfully, HPC Executive Director Luke Hildyard explains.

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When there is a questionable relationship between company performance and how much a CEO is paid, we should take arguments that FTSE companies need even higher paid CEOs to thrive with a pinch of salt. HPC Executive Director Luke Hildyard speaking on BBC News

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A global wealth tax could raise $2.1 trillion a year by following the example of Spain’s successful wealth tax on the 0.5% richest households - double the amount needed annually for developing countries’ external climate finance. Tax Justice Network @TaxJusticeNet.bsky.social

Tax Justice Network @TaxJusticeNet.bsky.social (@taxjusticenet) 's Twitter Profile Photo

So how does one tax the superrich exactly? 🤔 We've taken a page & some pictures out of wikiHow's book for our guide on how govt's can do just this. Govt's can raise $2 TRILLION a year by following the example of Spain’s wealth tax on the richest 0.5%. taxjustice.net/2024/08/19/wik…

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"Won't the rich just leave if you tax them more?" Recent wealth taxes in Norway 🇳🇴, Sweden 🇸🇪 and Denmark 🇩🇰 show that's not the case

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"After the global financial crisis, the average interviewed CEO candidate has lower overall ability, is more execution oriented / less interpersonal, less charismatic and less creative / strategic than pre-GFC" Pretty damning. Higher pay for less return. papers.ssrn.com/sol3/papers.cf…