Monday, 11 February 2013

UK: CEO pay - High Pay Centre report describes global talent pool argument as 'self-serving myth'

The High Pay Centre today published a report titled Global CEO Appointments - A Very Domestic Issue: see here (pdf). According to the report: "Less than one per cent of top chief executives are poached from overseas, and 80% are promoted from within the company, proving that justifications for high pay in the UK due to a highly-paid global talent pool are a 'self-serving myth'".

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