Are Chief Executives Overpaid?

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Are Chief Executives Overpaid?

Economics

Author: Deborah Hargreaves

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Language: English

Published by: Polity

Published on: 26th November 2018

Format: LCP-protected ePub

Size: 139 Kb

ISBN: 9781509527830


Wages and Top Pay

Wages for the majority have been stagnant for decades, but a lucky few have enjoyed a pay bonanza. Top company bosses take home in several days as much as most people earn in a whole year.

In this hard-hitting book, Deborah Hargreaves explains why pay for the top 0.1% has sky-rocketed in the past 20 years. She gives a devastating account of how it has created a vicious circle that destabilizes our economy and undermines social cohesion, demolishing the twisted logic of the chief executives who say: ‘I’m worth it’, when that means raking in £70m a year.

A rigorous exposé of the dysfunctional nature of our ‘winner-takes-all’ economy, this book debunks the myths behind top pay and examines a range of pragmatic solutions.

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