Why Has CEO Pay Ballooned?
As the recent “Shareholder Spring” furore has highlighted, executive pay has increased very rapidly in recent years. A study by the Economic Policy Institute found that CEO pay in the US grew 127 times faster than worker pay between 1978 and 2011. This pattern is largely mirrored in the UK. The High Pay Commission notes that, [...]
As the recent “Shareholder Spring” furore has highlighted, executive pay has increased very rapidly in recent years. A study by the Economic Policy Institute found that CEO pay in the US grew 127 times faster than worker pay between 1978 and 2011. This pattern is largely mirrored in the UK. The High Pay Commission notes that, at BP Plc (LON:BP) , the top executive earned 63x the amount of the average employee in 2011, versus 16.5x in 1979. In the case of Barclays (LON:BARC), top pay is now … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards