Some argue the UK would be better off with less regulation and higher CEO pay.

But such a model leads to higher inequality and lower living standards for many.

This is why we’re calling for maximum CEO to worker pay ratios of 10:1. Sign our petition: you.38degrees.org.uk/petitions/it...

As CEO pay hit record levels this week, HPC Director @lukehildyard.bsky.social explains how the current executive pay model benefits shareholders and executives and fails workers and wider society

Excessive pay for bosses and low pay for workers in the charity sector is in large part due to some charities following a business model which has created the same and often worse injustices in the wider economy.

Countries where workers are represented on company boards and where trade unions are stronger are also countries with higher levels of equality and lower levels of poverty.

@lukehildyard.bsky.social discussing on LBC

We tell the wrong story about how success is created, over rewarding a small minority, while under-rewarding the contributions of most workers.

Fair pay for all, reflecting that wealth is created through collected endeavour would reduce the deep divisions in our societies.@lukehildyard.bsky.social