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

    Learn what India's parties' symbols mean by drawing them

    Learn what India's parties' symbols mean by drawing them

    More than 2,300 political parties have registered for the largest electoral exercise in the world.

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.