In Norway, the income and tax paid by every citizen is on the web. Perhaps the UK isn’t quite ready for the Norwegian system, but how can there be a proper debate about pay, tax and bonuses if we don’t know what anyone gets?
We now know that Network Rail bosses are not taking their bonus. And we know that Goldman Sachs bankers are said to get £1/4m on average. Shouldn’t we also know at least the ratio of highest compensation to lowest compensation (and to the average) within any organisation? The Network Rail Sustainability Report does not mention the issue of pay, except to talk about how much its staff are giving to charity as if Network Rail had given it.
We should start with this kind of transparency for all organisations in which the state has a controlling stake. Isn’t this one of the things that being a stakeholder is supposed to be all about?