As of the first financial year after 1 January 2019, UK quoted companies with more than 250 employees will have to calculate and publish the pay ratios between their CEO and average employees, under the Companies (Miscellaneous Reporting) Regulations 2018. This means the first reports will appear in 2020. Alongside their directors’ remuneration report, companies will need to publish the ratio of their CEO’s total remuneration to the median (50th), 25th and 75th percentile full-time equivalent remuneration of their UK employees. They must include supporting information, for example, any reasons for changes to the ratios.
09 January 2019
Pay ratios on display
MOVERS & SHAKERS
Hugh James—Jonathan Askin
London corporate and commercial team announces partner appointment
Michelman Robinson—Daniel Burbeary
Firm names partner as London office managing partner
Kingsley Napley—Jonathan Grimes
Firm appoints new head of criminal litigation team
NEWS
Hugh James has secured 500 places on King’s College London’s new AI Literacy for Law course as part of a major firm-wide push to strengthen its responsible use of generative artificial intelligence
The criminal courts will sit to their maximum capacity next year, after the Lord Chancellor David Lammy lifted the cap on Crown Court sitting days
The Lord Chancellor David Lammy has set out his plans for ‘Blitz courts’, a national listing framework and other elements of the Leveson reforms
A former Commerzbank analyst has been sentenced to eight months in prison for lying during an employment tribunal hearing
The Information Commissioner’s Office (ICO) has joined with 60 data protection authorities from around the world to call for ‘urgent regulatory attention’ to the dangers of artificial intelligence (AI)
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