As of the first financial year after 1 January 2019, UK quoted companies with more than 250 employees will have to calculate and publish the pay ratios between their CEO and average employees, under the Companies (Miscellaneous Reporting) Regulations 2018. This means the first reports will appear in 2020. Alongside their directors’ remuneration report, companies will need to publish the ratio of their CEO’s total remuneration to the median (50th), 25th and 75th percentile full-time equivalent remuneration of their UK employees. They must include supporting information, for example, any reasons for changes to the ratios.
09 January 2019
Pay ratios on display
MOVERS & SHAKERS
Anthony Collins—20 promotions
20 promotions mark major people investment at national law firm, Anthony Collins
Sidley—Elaine Whiteford
Sidley adds competition litigator Elaine Whiteford in London
Charles Russell Speechlys—Claudina D’Costa
Charles Russell Speechlys welcomes Claudina D’Costa as Director of Client Development Marketing
NEWS
The 25th Pro Bono Week begins today until 6 November, with events hosted by law firms, chambers, law schools and charities across the UK
Pro bono is celebrating a silver anniversary, with initiatives putting businesses and students at the heart of access to justice
Choosing the wrong expert can cost a clinical negligence claimant more than their case
Judges risk weakening their own independence by staying silent over government reforms, a leading public lawyer argues
A discount on damages does not automatically mean an equivalent haircut for legal costs in military deafness claims
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