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Dublin: 4 °C Friday 21 February, 2020

Poll: Should Ireland introduce some form of national maximum wage cap?

UK Labour leader Jeremy Corbyn has called for a cap to be introduced in Britain in light of the “simply ridiculous” wages earned by footballers and CEOs

Image: Maxpixel

YESTERDAY, LEADER OF the UK Labour Party Jeremy Corbyn expressed his enthusiasm for the introduction of a maximum wage cap in Britain.

Income disparity in Britain is amongst the worst in the western world, while Corbyn suggested the cap in a speech in light of the “simply ridiculous” salaries being earned by footballers and top CEOs in the UK.

Corbyn expanded upon the idea by suggesting that a maximum income ratio of 20:1 between executives and the lowest-paid employees in a company be instated.

Levels of wage inequality in Ireland are even more pronounced – in fact they’re the worst in the EU, with 35% of all money paid to the top 10% of earners, and the top 1% taking 10% of all income.

But would a maximum wage cap be the answer to the problem of income disparity here?

We’re asking: Should Ireland introduce some form of national maximum wage cap?

Poll Results:

Yes (4077)
No (4062)
No, it's a nice idea but it wouldn't work (3145)
I don't know (300)

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