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Editor's note
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The typical FTSE 100 CEO has already earned what the average worker will make this year. After just 33 hours of work, they will have made £29,559. It’s a tidy statistic compiled by the High Pay Centre think tank every January and it’s designed to shock.
Over the course of 2020 you can expect a few more headlines of sky-high CEO pay. This is the year that government legislation comes into effect, requiring publicly listed firms with more than 250 UK employees to disclose the ratio between CEO pay and that of their average worker.
For Tobore Okah-Ave, who did his PhD on this topic, transparency is the first step toward making pay fairer. But if we really want to curb excessive CEO pay, he argues that upper limits are necessary. If companies could only pay their bosses 50 times the amount they pay their lowest earners – as opposed to 117 times, as they currently do – there’s also a significant chance pay at the bottom would improve too. This, at a time of stagnant wages for most of us, would be welcome by the majority.
Elsewhere on The Conversation, we discover why France no longer seems to embrace values associated with the satirical magazine Charlie Hebdo, five years on from the terror attack on its Paris office. And experts weigh in on the pros and cons of drinking sparkling water.
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Annabel Bligh
Business + Economy Editor
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Top stories
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Shutterstock
Tobore Okah-Avae, University of Bristol
Nobody else, apart from CEOs, has enjoyed a similar rise in their fortunes since the 1980s.
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Yoan Valat/EPA
Jonathan Ervine, Bangor University
Charlie Hebdo's often biting and dark humour frequently troubles people in France, and many reactions to the attack in France were not in keeping with the values of the publication.
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Hayati Kayhan/Shutterstock
Nicola Innes, University of Dundee; Suzanne Zaremba, University of Dundee
If one of your goals is to drink more water this year, then make sure you read this.
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Health + Medicine
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Rebecca Knibb, Aston University
New research confirms the benefits, but few hospitals in the UK provide these services at present.
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Stephen Bevan, Lancaster University
Cancer survivors face physical and psychological barriers when returning to work.
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Politics + Society
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Klaus W. Larres, University of North Carolina at Chapel Hill
President Trump's Iran policy took a dramatic turn when the US killed Iran's top military commander in a drone strike. To avoid war, one foreign policy scholar says Trump has to reverse his stance.
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Environment + Energy
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Grant Wilson, University of Birmingham; Iain Staffell, Imperial College London; Noah Godfrey, University of Birmingham
Britain greets a new decade with substantially cleaner electricity, but challenges lie ahead to decarbonise its transport and heating.
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Science + Technology
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Mauro Vallati, University of Huddersfield
If it's impossible to accurately predict the future then there may be limits to how smart artificial intelligence can become.
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Arts + Culture
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Emily Bernhard Jackson, University of Exeter
Novelist Emily Bernhard Jackson has identified an important gap in contemporary crime fiction: middle-aged women detectives.
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Business + Economy
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Gavin Brown, Manchester Metropolitan University; Richard Whittle, Manchester Metropolitan University
Will 2020 be the year that the new threat to fiat currencies reaches maturity?
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Featured events
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Bowland Auditorium, Berrick Saul Building, Campus West, York, York, YO10 5DD, United Kingdom of Great Britain and Northern Ireland — University of York
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