Govt to force firms to reveal pay ratio of CEOs and average worker
Governance reforms expected in May
Government to force firms to reveal pay ratio of CEOs and the average worker
The government is set to propose legislation that forces the UK's largest firms to reveal pay ratios between chief executive and average worker's salaries and the impact of future share price increases on executive pay.
Expected to come in May, Prime Minister Theresa May first proposed the law in August last year following research finding the ratio between FTSE 100 CEOs and their average employee pay was 129:1 in 2017,...
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