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Control over obscene top pay, with Deborah Hargreaves

Control over obscene top pay, with Deborah Hargreaves

01/04/2019 Posted by Martin Bamford Interview, Podcast

Control over obscene top pay, with Deborah HargreavesWages 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.

My guest on the podcast today is Deborah Hargreaves, former business editor of the Guardian and a founder and director of the High Pay Centre, an independent think-tank that monitors executive pay.

Deborah’s new book is called Are Chief Executives Overpaid?

In the book, she 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.

Deborah’s book is a rigorous expose of the dysfunctional nature of our ‘winner-takes-all’ economy, debunking the myths behind top pay and examining a range of pragmatic solutions.

Here’s episode 410 of Informed Choice Radio, an interview with Deborah Hargreaves of the High Pay Centre.

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Are Chief Executives Overpaid? by Deborah Hargreaves

High Pay Centre
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About Martin Bamford

Your host for Informed Choice Radio is Martin Bamford, an award-winning Chartered Financial Planner and Fellow of the Personal Finance Society. Martin is Director of Client Education at Informed Choice and the author of several personal finance books including The Money Tree, Brilliant Investing and How to Retire 10 Years Early.

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