The High Pay Centre is a UK

think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmenta ...

carrying out

research Research is "creativity, creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular att ...

and analysis on issues relating to top incomes,

corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions th ...

, and business performance. The Centre is generally critical of existing top pay practices, and advocates policies designed to reduce

economic inequality There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of we ...

. HPC research and commentary on high pay and inequality are regularly cited in the UK media. Since 2014, the Centre has promoted 'fatcat day', usually occurring in the first week of January, marking the date on which the earnings for the average FTSE 100 Chief Executive surpasses the amount that the average UK worker can expect to earn all year. The Centre was established by

Compass A compass is a device that shows the cardinal directions used for navigation and geographic orientation. It commonly consists of a magnetized needle or other element, such as a compass card or compass rose, which can pivot to align itself with ...

in 2009 as the High Pay Commission, and changed its name to the High Pay Centre following publication of the final report of the Commission. Funders for project work during 2018 include Joseph Rowntree Charitable Trust (£50,000) and

Chartered Institute of Personnel and Development The Chartered Institute of Personnel and Development (CIPD) is an Trade association, association for human resource management professionals. Its headquarters are in Wimbledon, London, England. The organisation was founded in 1913 - it is the worl ...

(£25,000).

Funding

The High Pay Centre has been a given a A grade for funding transparency by Who Funds You?

References

Political and economic think tanks based in the United Kingdom Progressivism in the United Kingdom Think tanks based in the United Kingdom {{UK-org-stub