UK firms must publicise pay gap between workers and executives

New law requires listed companies with more than 250 employees to calculate and reveal the pay ratio between bosses and the shop floor.

by

    The growing pay gap between executives and the average worker is the target of new regulations coming into force in Britain from January 1, when listed UK companies with over 250 employees will be required to publicise the pay ratio between bosses and average employees.

    Experts have said that the requirement to monitor, reveal and potentially justify the pay ratio may be useful in tracking year-on-year increases in the gap and perhaps to shame boardrooms into cutting back on excessive executive contracts.

     

    Al Jazeera's Paul Brennan reports from London, as part of our series looking into new laws for 2019.


    YOU MIGHT ALSO LIKE

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    China will determine the future of Venezuela

    China will determine the future of Venezuela

    There are a number of reasons why Beijing continues to back Maduro's government despite suffering financial losses.