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Pay gap between bosses and employees must be reduced, UK workers say

www.theguardian.com Pay gap between bosses and employees must be reduced, UK workers say

Poll reveals appetite for rethinking relationship between the boardroom and low or middle earners

Pay gap between bosses and employees must be reduced, UK workers say

Summary

A survey by the High Pay Centre found that 55% of respondents support capping CEO pay to maintain a fair balance between workers and bosses.

The thinktank also recommends giving workers the right to vote on company boards and increasing transparency about top pay.

The UK government is under pressure to address income inequality, which has grown by 1.3% in 2022, with the poorest 20% experiencing a 3.4% reduction in disposable income while the richest 20% saw a 3.3% increase.

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