House of Commons
As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.
WAGE INEQUALITY
EDM #754
Tabled 03 February 2015
2014-15 Session
That this House notes that the average FTSE 100 CEO is now paid 143 times as much as their average employee; recalls that as recently as 1998 this ratio was only 47 to 1; further notes that in some cases in the UK this ratio is now as high as 800 to 1; is aware that this is happening at a time when average wages are little better than stagnant; is concerned that such inequality damages the social fabric and indeed democracy itself; believes that such inequalities, which have only recently developed, have no economic justification; further notes that the High Pay Centre has called for a debate on more radical measures to address the widening income discrepancy in the UK, including introducing a maximum pay ratio and appointing workers' representatives to company boards; commends Switzerland for offering its people a vote, in November 2013, on capping executive pay at 12 times what the lowest-paid worker at a company received; and urges the Government to consider measures that would reduce such gross inequalities in the future.

Signatures (33)

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.
In addition to the sponsors, the following Members have signed to support the motion.
These members had previously signed the motion, but have now withdrawn their support. The date shown is when the Member withdrew their signature from the motion.