{"id":7286,"date":"2011-11-22T11:05:54","date_gmt":"2011-11-22T10:05:54","guid":{"rendered":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=7286"},"modified":"2011-11-22T11:06:50","modified_gmt":"2011-11-22T10:06:50","slug":"how-are-we-going-to-curb-excessive-pay","status":"publish","type":"post","link":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=7286","title":{"rendered":"How are we going to curb excessive pay?"},"content":{"rendered":"<p>Today the <a href=\"http:\/\/highpaycommission.co.uk\/\">High Pay Commission<\/a> publishes its final report, <a href=\"http:\/\/highpaycommission.co.uk\/wp-content\/uploads\/2011\/11\/HPC_final_report_WEB.pdf\">&#8220;Cheques with Balances: Why tackling high pay is in the national interest&#8221;<\/a>, shows stratospheric pay increases which have seen wealth flow upwards to the top 0.1% away from average workers. It sets out a 12-point plan based on transparency, accountability and fairness to halt spiralling high pay that is creating inequalities last seen in the Victorian era.<\/p>\n<p>The report&#8217;s recommendations include:<\/p>\n<p>\u2022 Greater transparency in the calculation of executive pay to end the &#8220;closed shop&#8221; on pay decisions.<\/p>\n<p>\u2022 Putting employees on remuneration committees, a move included in the government&#8217;s own consultation remit.<\/p>\n<p>\u2022 Publishing the top 10 executive pay packages outside the boardroom.<\/p>\n<p>\u2022 Forcing companies to publish a pay ratio between the highest paid executive and the company median.<\/p>\n<p>\u2022 Requiring companies to reveal total pay earned by the boardroom members.<\/p>\n<p>\u2022 Establishing a new national body to monitor high pay.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today the High Pay Commission publishes its final report, &#8220;Cheques with Balances: Why tackling high pay is in the national interest&#8221;, shows stratospheric pay increases which have seen wealth flow upwards to the top 0.1% away from average workers. It sets out a 12-point plan based on transparency, accountability and fairness to halt spiralling high [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7286","post","type-post","status-publish","format-standard","hentry","category-british-current-affairs"],"_links":{"self":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/7286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7286"}],"version-history":[{"count":6,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/7286\/revisions"}],"predecessor-version":[{"id":7292,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/7286\/revisions\/7292"}],"wp:attachment":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7286"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}