Top FTSE bosses moolah by 5pm tonight ?

Actually, do you know what? (What? I hear you say!)

Years ago say early 70’s I remember people got £x rises. Then it went to percentage rises. And we all know on a fat salary, a percentage of a fat salary is a fat increase.

Yet a pair of trainers for the child in a family of a factory floor worker is the same (okay, they have designer but you get my drift) as those needed for the boss’ son.

Cap top executive salaries and they will just b*gg@# off to another country where they can trouser squillions, whether they “earn” it or not. I won’t hold my breath waiting for shareholders to develop a social conscience, particularly the big institutional investors. The public sector is not much better - employers seem to be caught in headlights and feel they have to pay silly money to get the “best” people, who all to often are anything but.

Yes, team work from bar staff, cleaners, kitchen staff (in a pub chain for example). If workers are incentivised it does make a difference. Years ago when it was Boots (Not Walmart as it is now) I worked in one of their main HQ offices. I used to love getting a percentage of the profits in my pay cheque once a year!

Wages of all staff in the company though, please - and not a sliding scale according to salary level.

Wages relevant to profits is an idea?

Word gets around as well. For instance I know someone who chose to work on a till at Aldi as the pay, T&C are superior to what was on offer at Sainsbury’s.

Raising the minimum wage level substantially - especially for the top FTSEs - would also help.

Agree growstuff

Urmstongran You might be surprised.

The only way to encourage more companies like John Lewis is through taxation, giving incentives for staff benefits and training, etc.

growstuff we seem to share some common ground these days!
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I explained before MaizieD needs must - my vote was Brexit driven. I like Boris and truly hope he won’t let us down. He’s on probation though other than that as far as I’m concerned.

I agree with you about unions Urmstongran.

GrannyGravy Many other successful countries don't have the huge salary gaps which exist in the UK and the US. The country would survive very nicely without CEOs paid an exorbitant amount. The individuals at the top don't really matter. Let them go and find the quality of life they enjoy here elsewhere.

What you you do Sjc?

Bring unions back to represent workers again. But sensibly this time. No more ‘Red Robbo’ types. Even amongst workers there’s a culture of ‘I’m alright Jack so you can sling it’.

And put a worker Or two (who know their stuff) on the board of directors.

More companies along the lines of John Lewis/Waitrose, quite a lot of the big Companies give workers annual bonuses and incentive payments.

Bring the lower wages up, deal with the “rogue” bosses like the guy that has bought House of Frazer (I think he is Mr.Sports Direct?)

A few suggestions already on here.

What would you do to reduce wage inequality and improve social justice.

Well maybe if a company is doing SO well to be able to pay these eye-watering salaries (sometimes, unlike Alan Sugar, a CEO of say a utilities company) then some of that wealth could trickle down (morally right?) to the worker bees who help generate that wealth.

If I were as rich as AS I’d like to think my workers were handsomely remunerated. Then everybody is happy and the workers, once they know that, work happy!

Like what Sirchenjin

Other options other than capping salaries are available.

So what do you do growstuff who is going to decide who is worthy of their salary.

It should be left to market forces, some earn more than others, not all were born with the proverbial silver spoon in their mouths.

Start capping salaries and the bright and able will move to countries were there are no salary caps.

However, there are plenty of them who didn't start with nothing.

Sorry but people like Alan Sugar who started with nothing, worked his socks off, pays his taxes in the UK, why should he have his wages “capped”?

3 CENTURIES?? Jeez.