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.
Agreed. It **should **be a meritocracy. However, for anyone who has worked a job for more than a few years, it’s obvious that it often doesn’t work that way.