Fair pay is fair play

Guardian Unlimited | Economic dispatch |: "The same directors who have been awarding each other huge double digit increases for years are not prepared to see their own workers earn more than a splutter above �4.85p an hour. That is not a lot of money."
Got a point. I've no quibble with people being able to enjoy the rewards of their labour or of their ideas or of their investments, but I do have a quibble with the gall of using unequal power to exploit some and over-compensate oneself. Such pay differentials offend natural justice; the only justification is that some people have the power to extract that money [because they are directors] and some people don't. It would be a fair question to ask who is puttting in the most effort.