Labour refers to "simplifying executive pay packages" but there is no further indication of what this might entail. It would however introduce elected employee representatives on remuneration committees setting executive pay (with the same confidentiality requirements as other representatives) and require companies to publish both the pay of their top ten non-director earners and the ratio of total pay of the highest earners to average employee pay.
The Liberal Democrats would require employers with 250+ employees to publish the ratio between top and median pay. They would also consult on employee involvement in executive pay and the right for employees who collectively own 5% of a company to be represented on the board. The Scottish National Party also supports increased employee representation on company boards.
The SNP would also press for the restoration of the 90 day consultation period for redundancies affecting 100+ employees (the period was reduced to 45 days two years ago).