Get the app today! Download iPhone App Download Android App

UK To Force Big Companies To Publish Worker To Boss Pay Gap

Published on Jun 11 2018 11:00 AM in Retail tagged: Trending Posts / UK / CEO / Paywall / Parliament / Pay Gap / Salary

UK To Force Big Companies To Publish Worker To Boss Pay Gap

Britain's biggest companies will from 2020 be legally required to publish the gap between the salary of their chief executive and what they pay their average UK worker, under proposed new government rules.

Business minister Greg Clark said that the government would set out new laws in Parliament which meant that UK-listed companies with more than 250 employees would have to reveal their pay gap and justify their CEO's salary.

"We understand the anger of workers and shareholders when bosses' pay is out of step with company performance," Clark said in a statement on Sunday.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email