×
First-time login tip: If you're a REBA Member, you'll need to reset your password the first time you login.
08 Nov 2019
by Dawn Lewis

Dawn’s inside track: is high pay really falling?

This year’s executive pay report from the High Pay Centre and Chartered Institute of Personnel and Development shows a 13% fall in median CEO pay since last year. REBA’s content editor Dawn Lewis asks whether this is a reflection of a change of approach to high pay.

The Executive Pay in the FTSE 100 report reveals that median pay is now at its lowest level since 2010 and the gap between the highest paid executives and the rest of the workforce has narrowed. However, as Lewis highlights, pay levels fluctuate for a number of reasons.

“Corporate Governance rules mean that we will need to report accurately how CEOs are being paid, what those arrangements are and how those decisions have been formed. That transparency is really critical.”

There has been an increasing focus on executive pay in recent months. With the Investment Association updating its Principles of Remuneration and writing to the Chairs of Remuneration Committees at FTSE 350 companies to urge greater justification for pay levels and to simplify pay arrangements for executives.