High Pay Centre
@highpaycentre.bsky.social
1.2K followers 990 following 120 posts
An independent, non-partisan think tank focused on the causes and consequences of economic inequality, with a particular interest in top pay. highpaycentre.org/subscribe/
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Reposted by High Pay Centre
lukehildyard.bsky.social
Just a quick note to say that I am leaving @highpaycentre.bsky.social this week

Many fond memories of nearly 11 years(!) at HPC but narrating the the Liz Truss premiership was certainly a particuarly interesting time

Am moving to @shareaction.bsky.social to work in the UK policy team
highpaycentre.bsky.social
We are sad to be saying goodbye to our Executive Director of seven years, @lukehildyard.bsky.social, and are pleased to announce that our Head of Communications, @andrewspeke.bsky.social, will be stepping in as Interim Director. We wish Luke all the best in his new role at @shareaction.bsky.social!
Reposted by High Pay Centre
equalitytrust.bsky.social
Tesco CEO Ken Murphy is paid 431 times more than his workers while he's making hundreds of workers redundant. Is this good for society?
If you think it's not, do something about it: sign our petition with @highpaycentre.bsky.social now: you.38degrees.org.uk/petitions/it...
Bar chart comparing Tesco CEO Ken Murphy's nearly £10 million salary to the average Tesco worker's pay, highlighting CEO pay excess.
highpaycentre.bsky.social
Criticism of a wealth tax and of those on those who promote it also disappointing. Labour is likely to need to significantly increase taxes in the next budget and higher taxes on wealth would be the fairest way of achieving this.
highpaycentre.bsky.social
A missed opportunity from Starmer not to dedicate more of his speech to speaking up the benefits that Labour’s new employment rights bill will bring to working people. While far from perfect, it should be the biggest advance in workers’ rights in this country since pre-Thatcher.
Reposted by High Pay Centre
sgp.bsky.social
Activists in the UK have launched an imaginative new campaign for a maximum wage. you.38degrees.org.uk/petitions/it... For a deeper dive into the #maximumwage notion: www.wiley.com/en-us/The+Ca...
@highpaycentre.bsky.social @equalitytrust.bsky.social
highpaycentre.bsky.social
Great to see thousands marching in London on Saturday at the @makethempay.bsky.social demo calling for the super rich to be taxed fairly.

Our latest CEO pay report showed that the FTSE 100 spent £1bn on executive pay alone.

Well funded public services require fair taxation.
highpaycentre.bsky.social
If the Barclays CEO is concerned about the sustainability of public finances, he would look a lot less crass and hypocritical if he used his position to argue for a wealth tax on the super-rich instead.
www.theguardian.com/business/202...
Barclays boss urges UK ministers to limit public sector pay rises
TUC says CS Venkatakrishnan has ‘brass neck’ calling for curbs when his pay packet has doubled to £10.5m
www.theguardian.com
highpaycentre.bsky.social
Brilliant new project from Common Wealth, demonstrating how several decades of governments treating privatisation as a force for good has decimated the UK's public realm.
cmmonwealth.bsky.social
Welcome to Rip-Off Britain.

A country remade by privatisation.

Our latest project — Who Owns Britain? — explores how a radical experiment transformed our society and shapes your life.

🧵
highpaycentre.bsky.social
Do you agree with the Pope that the pay gaps between bosses and their workers have grown too wide?

Then sign our petition calling for maximum 10:1 pay ratios for CEOs and workers: you.38degrees.org.uk/petitions/it...
highpaycentre.bsky.social
Some argue the UK would be better off with less regulation and higher CEO pay.

But such a model leads to higher inequality and lower living standards for many.

This is why we’re calling for maximum CEO to worker pay ratios of 10:1. Sign our petition: you.38degrees.org.uk/petitions/it...
highpaycentre.bsky.social
As CEO pay hit record levels this week, HPC Director @lukehildyard.bsky.social explains how the current executive pay model benefits shareholders and executives and fails workers and wider society
Reposted by High Pay Centre
lsepress.bsky.social
💵 With @highpaycentre.bsky.social reporting that UK CEO pay in the FTSE 100 has reached a record high for the 3rd year in a row, can business executives continue to justify their pay levels as ethical? What role could businesses play in stemming social inequality?

highpaycentre.org/ceo-pay-in-t...
CEO pay in the FTSE 100 reaches record high for the third year in a row - High Pay Centre
The High Pay Centre's annual review of CEO pay in the FTSE 100 shows median CEO pay jumping from £4.29m to £4.58m in 2024/2025
highpaycentre.org
highpaycentre.bsky.social
In the UK CEO pay at listed companies has reached record levels for the 3rd year in a row.

In the US levels of CEO pay are accelerating.

Tackling excessive pay and pay inequality is vital to improving living standards and creating a fairer economy.
www.ft.com/content/d8da...
CEO pay at top US companies accelerates at fastest pace in four years
Median package for S&P 500 bosses was $19mn in 2024, pay advisory calculates
www.ft.com
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unison.org.uk
Third record breaking year in a row for FTSE 100 CEO pay, according to the @highpaycentre.bsky.social

At these rates it would take over a century for the average worker to earn what a FTSE 100 CEO earns in a year.
highpaycentre.bsky.social
🚨NEW: The pay of FTSE 100 CEOs has reached a new record high of £4.58 million. The third record setting year in a row. FTSE 100 CEO pay is 122 times greater than the typical UK worker. www.theguardian.com/business/202...
Record salaries for UK chief executives as pay rises for third year in a row
Report finds more than £1bn handed out to just 217 FTSE 100 bosses in the last financial year
www.theguardian.com
Reposted by High Pay Centre
sharethewealthuk.bsky.social
The new CEO of Melrose and his predecessor earned almost £59m last year, according to new analysis from @highpaycentre.bsky.social.

The average UK nurse would take 1,636 years to earn the same amount.

While most of us are struggling to pay our bills, FTSE 100 fat cats are raking it in.
Reposted by High Pay Centre
highpaycentre.bsky.social
🚨NEW: The pay of FTSE 100 CEOs has reached a new record high of £4.58 million. The third record setting year in a row. FTSE 100 CEO pay is 122 times greater than the typical UK worker. www.theguardian.com/business/202...
Record salaries for UK chief executives as pay rises for third year in a row
Report finds more than £1bn handed out to just 217 FTSE 100 bosses in the last financial year
www.theguardian.com
highpaycentre.bsky.social
FTSE 100 companies spent a total on £1bn on the pay of all executive positions. That's £1bn being spent on just 217 executive roles. These ten companies spent the highest amounts on their executives
highpaycentre.bsky.social
Here is a list of the companies spending the most on their CEO pay. It should be caveated that Melrose's pay is exceptionally high due to incentive payouts which are made every 5 years. Across the past 10 years Melrose CEO pay would average out at £11 million a year.