The High Pay Centre says pay gaps were the greatest in the retail sector in the early months of 2022.
The gap between the pay of company executives and other workers is set to widen this year after falling during the height of the Covid pandemic, research by a think tank suggests.
"However, as the Covid-19 emergency hopefully reduces, it would be a shame if the spirit of solidarity it generated fades away as well," he added. Prices were already rising as economies opened following pandemic restrictions, but war in Ukraine has led to further increases and wages are failing to keep pace.up from 7% in March and is forecast to rise further by the end of the year.not ask for big pay rises - to try and stop inflation spiralling out of control.
Mubin Haq, chief executive of the abrdn Financial Fairness Trust, which contributed to the research, said the previous narrowing of the pay gap during the height of the pandemic showed "change is possible". Mr Haq said wage growth for those on lower incomes would be "critical" to ensure "millions can weather the cost-of-living crisis we are now facing".However, Emily Fielder, head of communications at the Adam Smith Institute, said while "fretting about CEO pay might make for a good headline, getting involved would do little to increase workers' wages and benefits to shareholders".
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US women's soccer equal pay victory decades in the makingThe U.S. women's national team's efforts to secure equitable pay finally came to fruition this week when the players reached a collective bargaining agreement with U.S. Soccer that gives them the same pay as their male counterparts.
Les mer »
US Soccer Hall of Fame Inductees Praise Equal Pay AgreementShannon Boxx and Clint Dempsey were among the former U.S. Soccer players who praised the new equal pay agreement during their induction in the National Soccer Hall of Fame on Saturday.
Les mer »
Drummond agrees to clean up leaking Alabama mine, pay $3.6MThe Maxine Mine was closed in the 1980s, but the initial lawsuit alleged that acidic mine waste has continued to enter the river and that the company improperly filled a Locust Fork tributary with mine waste.
Les mer »
We Don’t Have The Money To Pay Our Daycare Bill'We did everything the way we were 'supposed to' and yet, here I sit, 2:30 a.m. in a cold sweat because of financial stress.'
Les mer »
Biggest names in hip-hop pay tribute to Notorious B.I.G. to mark 50th birthdayDozens of music industry heavy hitters stepped out for Biggie Smalls.
Les mer »