Wages
In 2009, UK City minister Lord Myners proposed that the pay and identity of up to 20 of the highest-paid employees at British companies should be disclosed. In the UK, employees outside the boardroom are currently granted anonymity about their pay deals. He also called for the pay of all employees to be banded in grades. In his interim report in July, David Walker suggested that bankers' pay levels should be disclosed in bands and that the number of staff falling in each band be included. However, it is unlikely in the UK that disclosure requirements will be made a legal requirement, with hopes being placed on recommendations being undertaken voluntarily.
Regulations in Hong Kong require banks to list their top earners – without naming them – by pay band.
In Norway, tax authorities annually release the "skatteliste" or "tax list"; official records showing the annual income and overall wealth of nearly every taxpayer.
In 2009, the Spanish government for the first time released information on how much each cabinet member is worth, but data on ordinary citizens is still private.
Read more about this topic: Transparency (behavior)
Famous quotes containing the word wages:
“These, in the day when heaven was falling,
The hour when earth’s foundations fled,
Followed their mercenary calling
And took their wages and are dead.”
—A.E. (Alfred Edward)
“If the wages of sin are death, what else, I should like to know, is the wages of virtue?”
—Samuel Butler (1835–1902)
“I know what wages beauty gives,
How hard a life her servant lives,
Yet praise the winters gone:
There is not a fool can call me friend,
And I may dine at journey’s end
With Landor and with Donne.”
—William Butler Yeats (1865–1939)