Impose hard limit to executive pay in government-held organisations

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Impose hard limit to executive pay in government-held organisations

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Where Her Majesty's Government is a shareholder or has voting rights or direct influence in any organisation, it should use those rights to the fullest effect to veto, vote against or discourage ANY agreement which would lead to any individual's total pay (including cash bonus, shares or other benefits) exceeding FIFTY TIMES the average pay of other employees of the same organisation.

HMG should pass a law which REQUIRES it to exert this direct influence in any case where a proposed pay deal would exceed this limit.

(This petition refers only to cases where HMG has direct influence on organisations, and not to general financial policy.)

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