TOPIC: Tools » Institutions » National » UK » Dom. Policies » Social » Labour Market
Category
articles
Date
2013-09-05
Actor
BBC News Business
Source
BBC News Business
Uploaded date
2013-12-08
Uploaded by

Bosses' Bonus Up and Up Since 2002

"UK - The High Pay Commission said on Monday that average annual bonuses were worth 48% of salary in 2002, but are now 90%. The evidence exposes the myth that big bonuses and high salaries result in better company performances. There has been massive growth in what has been termed as performance-related pay yet no such corresponding leap forward in company performance. Changes to remuneration schemes were masking the real value of what executive get paid. There has been massive growth in what has been termed as performance-related pay yet no such corresponding leap forward in company performance." (Quoted from article)

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