MONEYWEB
app instead?
Patel’s plan to address the inequity of executive pay
It would be useful if the minister coincided his legislative challenge with news of widespread pay cuts for ministers and directors-general. 00:01
As a former trade unionist, Patel should rather use whatever influence he has to encourage his labour colleagues to impose some market discipline. Image: GCIS
Judging by the flurry of comments sparked by news that Minister of Trade, Industry and Competition Ebrahim Patel is finalising legislative changes aimed at narrowing the executive-worker pay gap, not many people believe government has a role to play in addressing this thorny issue.