grosicki director of the high pay centre. is good to have yo| us.ind this rise? well, i think a lot of it is to do with biases and conflicts of interest in the pacesetting process. now, the way executive pay is set is that you have a remuneration committee comprised of other executives who are employed, nonexecutive directors, to set the pay of the chief executive and the top management team. now, the remuneration committee, being as they themselves are all executives oi’ they themselves are all executives or business leaders or a former business leaders and executives, if are instinctively sympathetic to the idea that the skies need to be paid, you know, millions of pounds in order to attract and retain them. —— the skies. of course their own pay as executives is partly indirectly determined by the going rate for other executives so they are inclined to drive it up as much as possible as well. but on that point, if you want to attract the very best and get people in who have got the skills to grow the company, get it bringing in more money so that