My own personal blog. Newham Council Cabinet member for Housing Services & Chair of Investment & Accounts. Councillor for West Ham ward, UNISON Branch secretary, Regional Council Officer & NEC member, Pension & Charity Trustee, Centre left and proud member of Labour movement family.
Monday, April 27, 2015
Bosses keep paying themselves far more than their companies earn
This is what happens when there are no employee representatives on company pay committees which decide what executives are paid.
If Labour win they will ensure that worker representatives are elected to every large company pay committee.
This should help keep greedy snouts out of the trough.
"Briefing 57: Top pay increases are way out of proportion to company performance
Britain's top executives are supposed to be paid according to how their companies perform - but pay in recent years has increased far more quickly than performance.