There's still work to be done to prioritise
customers over shareholders
Headlines at the end of the summer showed that chief executive
pay has taken a tumble, with investors claiming victory in their
efforts to hold companies to account on their approach to pay. With
salaries still dwarfing the pay of the average worker, however, and
the High Pay Centre think tank stating that more needs to be done
"to give the public confidence that our biggest businesses are
working for the good of the economy as a whole rather than the
enrichment of a few", it would appear that the work of
remuneration committees is far from over.
Our summer 2019 Boardroom Bellwether report shows that
remuneration committees are in fact working hard to meet
investors' expectations. Over half of respondents (55%) have
made changes to a remuneration policy following feedback from
investors. Of more interest perhaps is the fact that 43% of
companies responding to this survey had not made any
