BOSSES’ PAY RISES A SHOCKING 238%

Top bosses’ pay is rising by up to 100 times that of their workers: Most workers’ pay has grown by 2% in recent years – while their bosses had hikes of up to 238%.

‘An unrelenting upward trend in executive pay… in some companies’ is revealed in a new report by the Irish Congress of Trade Unions – Because We’re Worth It: The Truth About CEO Pay in Ireland.

Greater transparency, action on bonuses, a higher tax rate on incomes over €1m and a limit to the number of directorships that can be held are some of the measures called for by ICTU in response to the findings.