Summary
A survey by the High Pay Centre found that 55% of respondents support capping CEO pay to maintain a fair balance between workers and bosses.
The thinktank also recommends giving workers the right to vote on company boards and increasing transparency about top pay.
The UK government is under pressure to address income inequality, which has grown by 1.3% in 2022, with the poorest 20% experiencing a 3.4% reduction in disposable income while the richest 20% saw a 3.3% increase.
Why? If you work harder, have more experience and responsibilities you should earn more. Simple.
Do you believe that the average CEO works harder or has more experience than the average worker?
Do you think they work 400 times harder, or have 400 times more experience?
In most cases, yes, they do work a lot harder than the average worker. Running a business is hard work and comes with a lot of stress and sacrifices. How many CEOs do you know personally? I’m sure if you asked a CEO where it’s like to run a company I’m sure you’ll find it harder than you think. Posts like these are mostly driven by the politics of envy and resentment. I can’t believe I’m being down voted for stating the truth.