Companies form an organic part of society. The shared bargain between companies and society needs to be re-established so that the required basis for mutual trust can exist. The need to balance justice and self-interest in a way that society perceives as fair, as well as a desire to put the common good ahead of self-interest has guided St Paul’s Institute through this work on executive compensation.
Fair Pay for Fair Work: A Look at Executive Compensation
This report by St Paul’s Institute makes recommendations to build on the recently improved disclosures on pay ratios. It calls for action regarding the lowest paid, and integration of decision making on executive pay and average employee pay.