Extract from Westminster Hall debate on FTSE 100 Company Pay Ratios - Jan 23

Thursday, 24 January 2019 07:36

Siobhain McDonagh (Mitcham and Morden) (Lab) Let us start with the FTSE 100. In advance of this debate, Will Turvill of The Mail on Sunday made a remarkable analysis of the pay ratio between FTSE 100 CEOs and the average wage of workers at their firms. Staggeringly, his results reveal that one FTSE 100 company, Melrose Industries, pays its chief executive a completely eye-watering 1,000 times more than the average wage of its employees. I appreciate that this is an extreme...Request free trial