Oral question asked in the House of Lords, by Lord Wedderburn of Charlton (Labour). It was answered by Lord Davies of Oldham (Labour) on Thursday, 30 October 2008.
Companies: Pay Increases
- Question
- Further to the answers by Lord Jones of Birmingham on 28 January (Official Report, cols. 435–36), what advice they have given to companies in the private sector on pay increases; and what controls they propose to introduce.
- Answer
-
My Lords, pay levels in private sector companies are a matter for those companies. The Government have consistently made it clear that there should be effective linkage between pay and performance and that exceptional rewards for mediocre performance are not in the interests of companies, their shareholders or the United Kingdom as a whole.
Secondary information
- Type
- Oral question
- Reference
- 704 c1683
- Session
- 2007-08
- Oral question type
- Lead
- Chamber / Committee
- House of Lords chamber
- Related items
- Subjects
- Companies Increases Private sector Pay
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-04-12 03:53:08 +0100
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