Lloyds reduces diversity targets which impact annual bonus payments for senior staff and its wider employee base.
Executive pay
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Barclays and NatWest are among the latest businesses to drop climate goals from their bonus schemes for senior executives.
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Barclays doubles its CEO’s pay to £10.5m as the bank's top performers share a bonus pot of £1.9bn.
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High Pay Centre analysis shows CEO pay in FTSE 100 will surpass the median worker's 2025 salary at around 11:30 this morning.
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European executive incentive programmes are increasingly being linked to Environmental, Social and Governance (ESG) metrics.
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The High Pay Centre is calling for legislation to be strengthened on capping executive pay after a survey revealed most would support this.
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Transparent and fair policies support a positive workplace culture just as much as any diversity initiative.Â
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Women on FTSE 100 boards still earn more than two-thirds less than their male counterparts, according to analysis by law firm Fox & Partners.
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Nissan is slashing 9,000 jobs globally while its chief executive has taken a 50% pay cut in a bid to curb its losses.
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New research has found that the pay of the chief executives of the UK’s largest companies increased by 2.2% in 2023.
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Companies could face an exodus ofexecutives if they do not increase top-level pay, one of the UK's biggest asset management firms has said.
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The best way of improving diversity within companies is by improving culture, not by imposing quotas, writes Dr Nahla Khaddage Bou-Diab, commenting on problems at Goldman Sachs.
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A single minor Tesla investor who happens to be a heavy metal drummer brings down Elon Musk's $56bn remuneration package.
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The UK's largest asset management organisation has updated its executive pay guidelines to permit US-style bonus structures linked to share price performance.
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Executive pay ratios widened slightly in 2022, according to data from the High Pay Centre.