Select committee: Business, Innovation, Science and Trade Committee

Corporate governance: delivering on fair pay inquiry

Closed Opened 22 Mar 2018 Closed 22 Mar 2018
Inquiry scope (the committee's words)
The Committee is conducting a short inquiry into aspects of pay in the private sector. The Committee will investigate: To examine the compliance by business with reporting requirements on the gender pay gap and to consider what steps they are taking to address the gap; To consider the implementation of the recommendations on executive pay by the previous Committee in its 2017 report on Corporate Governance and recent developments on executive pay; To examine the effectiveness of Remuneration Committees and institutional investors in combatting excessive executive pay The inquiry will initially focus on the gender pay gap and the Committee invites written submissions on this topic.

Where it stands

The inquiry is closed, opened 22 March 2018.

The committee has published 2 reports, most recently 18th Report - Executive Rewards: paying for success on 26 March 2019.

The government's response to each report

18th Report - Executive Rewards: paying for success

No government response is linked to this report.

13th Report - Gender pay gap reporting

No government response is linked to this report.

Recommendations and conclusions 0 shown

No recommendations or conclusions are indexed for this inquiry yet.

Reports

2 reports

Oral evidence sessions

5 sessions

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Date Session and witnesses Source
22 Jan 2019
Oral evidence session
No witnesses recorded
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16 Oct 2018
Oral evidence session
No witnesses recorded
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6 Jun 2018
Oral evidence session
No witnesses recorded
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15 May 2018
Oral evidence session
No witnesses recorded
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17 Apr 2018
Oral evidence session
No witnesses recorded
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Correspondence

18 letters

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PublishedDirectionLetter
13 Sep 2019 To committee Letter from the Acting Permanent Secretary to Chair, on gender diversity in ministerial appointments - dated 8 August 2019
15 May 2019 To committee Letter from Lloyds to Chair, regarding executive pensions - dated 9 May 2019
15 May 2019 Not recorded Letters from the Investment Association to Rachel Reeves and Frank Field, regarding executive pensions - dated 13 May 2019
12 Sep 2018 From committee Letter to the Chair from Allen & Overy, regarding gender pay gap reporting, dated 8 June 2018
17 Jul 2018 To committee Letter from Chief Executive of the Financial Reporting Council, regarding corporate governance and gender pay, dated 16 July 2017
3 Jul 2018 Not recorded Written evidence from Persimmon Plc regarding executive pay
3 Jul 2018 To committee Letter from Clare Chapman regarding executive pay, 15 June 2018
19 Jun 2018 To committee Letter from Slaughter and May to the Chair, regarding the gender pay gap, dated 8 June 2018
19 Jun 2018 To committee Letter from Linklaters to the Chair, regarding the gender pay gap, dated 8 June 2018
19 Jun 2018 To committee Letter from Freshfields to the Chair, regarding the gender pay gap, dated 8 June 2018
19 Jun 2018 To committee Letter from Clifford Chance to the Chair, regarding the gender pay gap, dated 8 June 2018
19 Jun 2018 To committee Letter from Allen and Overy to the Chair, regarding the gender pay gap, dated 8 June 2018
18 Jun 2018 To committee Letter from FDM Group to the Chair, regarding the gender pay gap, dated 7 June 2018
18 Jun 2018 To committee Letter from EasyJet to the Chair, regarding the gender pay gap, dated 6 June 2018
18 Jun 2018 To committee Letter from Balfour Beatty to the Chair, regarding the gender pay gap, dated 30 May 2018
18 Jun 2018 To committee Letter from Babcock to the Committee, regarding the gender pay gap, dated 23 May 2018
13 Jun 2018 To committee Letter from Alex Chisolm to the Chair on gender balance in public appointments, 7 June 2018
6 Jun 2018 To committee Letter from Stephen Haddrill, CEO of the Financial Reporting council, relating to gender pay, dated 1 June 2018