Ashley Hamilton-Claxton, Head of Responsible Investment, comments on the High Pay Centre/CIPD report on chief executives’ pay:
We have noticed a significant increase in companies making efforts to proactively engage with us on remuneration issues. There has been a concerted effort to reduce the complexity of schemes and to align executive pensions with the workforce. This is helping drive down executive pay overall, but we still think there is work to be done to better align executive pay with the expectations of shareholders, workers and the public.
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