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Shame On Rishi Sunak And The Tory Party.
Taking the cap of Banker Bonuses allowing millionaires to bury their snouts deeper into the money trough.While more than a million childeren are living in poverty with parents unable to afford to feed them.The Joseph Rowntree Foundation found the 574,000 were supported by foodbanks last year .9
Answers
NMA - //Of course, andy-hughes, but capping bonuses just in case a few undeserving ones are handed out is not the right way. Are you saying we should cap bonuses in all areas in case companies reward failure? //No, I'm saying that 'bonuses' should not be a part of a remuneration package at all.The vast majority of workers in any occupation are paid the rate for...
15:19 Sat 28th Oct 2023
Good explanation here
"In a joint statement on Tuesday, the two regulators said the bonus cap had "unintended consequences" with firms ending up increasing bankers' fixed pay.
They added that when fixed or base pay accounted for the biggest share of remuneration, employers had less room to vary employee pay due to "material poor performance or misconduct".
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