ROB ROSE: Mind the wage gap
A set-to involving Adcorp illustrates what’s at stake as pressure grows on firms to report on the disparity in executives’ and workers’ earnings
Michael Rea, the feisty and somewhat anarchic founder of sustainability consultancy Integrated Reporting & Assurance Services (Iras), tells an alarming tale of how labour broker Adcorp tried to put the squeeze on him last year.
On the surface, it seems like a salacious spat between Rea and Adcorp over how to calculate the “wage gap” between executives and staff. Dig deeper, though, and you hit a vein of bubbling anxiety in our corporate sector over how this gap is measured, and the odds of a backlash over how fast this disparity is rising. ..
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