Displaying items by tag: unfair pay scales

The bosses of Britain’s biggest companies will have made more money in 2023 by Thursday afternoon than the average UK worker will earn in the entire year. TUC’s Paul Nowak called on the Government to ‘bring back some fairness on pay’. ‘Everyone deserves a fair day’s pay for a fair day’s work. But working people are told not to ask for more. FTSE 100 chief executives are paid £3.4m on average, which is 103 times the £33,000 average full time worker’s salary. The figures highlight how executive pay has increased dramatically after a dip during the pandemic, while ordinary workers are struggling to secure pay rises anywhere near inflation. Workers should have seats on executive pay committees to bring some common sense to top pay. And ministers must set out plans for fair pay for everyone, starting by agreeing to pay negotiations in the public sector.’

Community leaders, unions and churches are backing a call for Manchester United to increase the pay of workers employed by contractors, such as waitresses and cleaners, noting a ‘grotesque pay difference’ between their wages and players' salaries. On 1 February Manchester citizens handed a letter to the club, urging it to take a ‘community-first business approach’ to ensure that the cost of living is met for low-paid workers. The group said that if new signing Alexis Sanchez is paid £400,000 a week, as some have reported, it will take him just 82 minutes in a game to earn the annual salary of a low-paid stadium worker. Group chairman Rev Ian Rutherford, minister at Methodist Central Hall, Manchester, said, ‘As the winter transfer window closes many workers at Old Trafford will be choosing between putting the heating on or a hot meal.’