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Introduce a maximum pay ratio of 10 1 between the best paid and worst paid in any organisation.
A maximum pay ratio in businesses would stop shamelessly self-interested CEOs paying limitless salaries and bonuses while their cleaners languish on poverty wages.
Other proposals from the High Pay Centre include worker representation on company boards, remuneration committees, a maximum pay ratio and a legally binding target for the reduction of inequality.
Compass began campaigning for the government to create a high pay commission more than a year ago when it suggested that a maximum pay ratio should be imposed on companies so that the top earner at a company never earns more than a precise multiple of the lowest earner.
Last week they revealed that their manifesto for the general election will propose a living wage, the renationalisation of the railways, a maximum pay ratio (no executive should receive more than 10 times the salary of the lowest-paid worker) and, at the heart of their reforms, a wealth tax of the kind Piketty recommends.
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The survey, one of the most significant attempts to gauge the public mood about fairness and inequality under the coalition, found significant support for statutory maximum pay ratios to prevent company executives earning more than 65 times the salary of the lowest-paid employee in their company.
Will Hutton's predicted proposal of suggesting a maximum full-time pay ratio of 20 1 may help this situation, but we need to take the principle seriously and apply it to the private as well as to the public sector with whatever necessary adjustments need to be made.
Given this ridicule, it is imperative that corporations like ours demonstrate that calculating a CEO-worker pay ratio will take the maximum possible amount of time and cost.
Their action was based on a 10-point agenda, covering everything from the pay and conditions of outsourced cleaners, through the structures of the University of London Union, to a demand that "the pay ratio between the lowest paid and the highest paid staff in the university should be reduced to a maximum of 10 1".
They also wanted the pay ratio between the lowest paid and the highest paid staff in the university to be reduced to a maximum of 10 1.
His potential maximum pay is now around £11.5m.
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