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Commenting on data released today (Monday) by the High Pay Centre on escalating executive pay, TUC General Secretary Frances O’Grady said:

“With top bosses now earning 183 times more than the average full-time worker, inequality is reaching stratospheric levels.

17 August 2015

Commenting on data released today (Monday) by the High Pay Centre on escalating executive pay, TUC General Secretary Frances O’Grady said:

“With top bosses now earning 183 times more than the average full-time worker, inequality is reaching stratospheric levels.

“After years of falling living standards it is a disgrace that top execs are taking an even bigger share of the rewards of growth. We need a recovery that works for the many and not just the few.

“Ordinary employees need to be included in workplace pay committees to add some common sense and reality to boardroom pay decisions. They should not be a closed shop for an elite who are only interested in looking after their own.”

NOTES TO EDITORS:

- All TUC press releases can be found at www.tuc.org.uk
- Follow the TUC on Twitter: @tucnews
- Congress 2015 will be held in the Brighton Centre from Sunday 13 September to Wednesday 16 September. Free media passes can be obtained by visiting www.tuc.org.uk/MediaCredentials2015 and completing an online form. Applications must be in by noon on Tuesday 25 August. Any received later than that will be processed in Brighton and will cost £75.

Contacts:

Media enquiries:
Alex Rossiter  T: 020 7467 1285  M: 07887 572130  E: arossiter@tuc.org.uk
Tim Nichols  T: 020 7467 1388  M: 07808 761844  E: tnichols@tuc.org.uk
Clare Santry  T: 020 7467 1372  M: 07717 531150  E: csantry@tuc.org.uk
Elly Gibson (Mon to Wed)  T: 020 7467 1337  M: 07900 910624  E: egibson@tuc.org.uk
Kay Atwal (Thur and Fri)  T: 020 7467 1385  M: 07941 547469  E: katwal@tuc.org.uk

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