CIPD responds to High Pay Centre Report on CEO pay
In response to the High Pay Centre report on CEO pay Peter Cheese, Chief Executive at the CIPD, the professional body for HR and people development said:
On 23 June the people of the UK voted to leave the European Union. The immediate aftermath of the referendum certainly couldn’t be described as positive: the pound plummeted to its lowest value in over 30 years (and has yet to show any sign of a sustained recovery) while global equity markets suffered losses of over $2 trillion dollars in a single day.