HC Deb 22 November 1973 vol 864 c487W
57. Mr. William Hamilton

asked the Secretary of State for Employment what has been the result of his inquiries into the increases in the salaries of certain individuals.

Mr. Maurice Macmillan

I understand that the Pay Board investigated one such increase in salary which received wide publicity and found that it did not breach the stage 2 pay code any more than a number of other payments made under firm pre-standstill commitments involving commission payments, profit-sharing and payment-by-results schemes. However, the Government have been concerned about excessive increases resulting from pre-standstill commitments and have provided in the stage 3 code that such increases should be limited.