Economics

In the News

Statistics on Executive Pay in the UK

Geoff Riley

29th August 2017

New data has been released on the scale of the divide between the pay of CEOs and ordinary workers in the labour market. The UK government is considering legislation so that UK companies must publish pay ratios.

Here is an article on the Executive Pay Gap from the BBC drawing on data from the High Pay Centre

Chief executives, on average, earn nearly four times as much as all employees (including CEOs) https://t.co/wCJI5qOBu4 pic.twitter.com/2pc1KN6vx9
— Office for National Statistics (ONS) (@ONS) August 29, 2017

On average, women who are CEOs earn 29% less than men who are CEOs https://t.co/WMLcDXbSCH pic.twitter.com/bM82GIXrSe
— Office for National Statistics (ONS) (@ONS) August 29, 2017

An article criticising the idea that the government should legislate to control executive pay.

What shareholders pay their CEOs is none of our business, writes @BenRamanauskas @the_tpa https://t.co/m430Esd7Fm
— CapX (@CapX) August 29, 2017

A view on executive pay from Lib Dem leader Sir Vince Cable

Vince Cable: Executive pay is 'totally dysfunctional' https://t.co/eNREePGjlp
— BBC Politics (@BBCPolitics) August 28, 2017

Channel 4 Fact Check looks at the data too

New on @FactCheck - the FTSE 100's biggest earner gets 2,500 times more than low-paid employees: https://t.co/q1yDIjYmE4 pic.twitter.com/tqxNSdnz0X
— C4 News FactCheck (@FactCheck) August 29, 2017

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

@tutor2uGeoff