When it comes to shining a spotlight on the difference between male and female pay, many companies are sceptical, hesitant, and even fearful. The discourse often focuses on risk—the threat of being named and shamed.
Inequality and the Firm – To What Extent Are Corporate Pay Practices Contributing to the Increase in Inequality?
Thomas Piketty, in his book Capital in the Twenty-First Century, partly attributes the rise in inequality during the latter part of the 20th and early part of the 21st centuries to “the rise of the super-manager”.
The beginning of 2016 brought with it further controversy about executive pay. A hard-hitting report from the High Pay Centre claimed that, by the end of the first Tuesday of the New Year —dubbed by them “Fat Cat Tuesday”— the U.K.’s top executives will have earned more than the average worker would make in an entire year.