Rethinking reward: analysis of 2020 pay ratio disclosures (interim report)

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Kay, Rachel; Hildyard, Luke
High Pay Centre
Date of publication
28 June 2020
People management: all aspects of managing people
Business and management
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From 2020, UK companies are required to list the ‘pay ratios’ between their CEO and the 75th (upper quartile), median and 25th percentile (lower quartile) points of the pay distribution of their UK employees (on a full time equivalent basis).

This report analyses the pay ratio disclosures made by 107 FTSE 350 companies between 1 January and 31 April 2020.

The report identifies some initial insights from the disclosures. It also discusses how different stakeholders might use pay ratio data as part of a broader debate about pay differences and employment practices more generally.

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