The issue of excessive executive pay has been prevalent since the global financial crisis. In the UK, after almost 10 years of austerity, it remains a potent symbol of a society that is not at ease with itself. With government and shareholders now involved in seeking to regulate the market, what can companies' management teams learn about how the public feel about income equality - and how to respond?
Sometimes it is hard to nail down exactly how we feel about disparities between incomes, but emotions certainly run higher after a financial crisis and a few years of austerity. We might be furious that scandal-hit CEOs walk away with multi-million dollar packages but we can feel impotent in the face of the “market forces” we are told dictate such things. We might find easier targets among public servants, from GPs to councillors and head teachers, who have their “generous packages” revealed.