eshrag
11-27-2018, 10:54 PM
Exclusive: measures could include paying execs only in cash and naming staff paid £150k+
Customers of Britain’s 7,000 biggest companies would be given the right to vote on the pay of top executives under plans for a clampdown on boardroom pay being considered by Labour.
A report commissioned by Rebecca Long-Bailey (https://www.theguardian.com/politics/nils-pratley-on-finance/2018/nov/27/labour-pay-curbs-joke-but-execs-shouldnt-laugh-too-long), the shadow business secretary, and John McDonnell, the shadow chancellor, calls for an annual binding vote on executive packages to include all stakeholders – including employees and consumers.
Continue reading... (https://www.theguardian.com/business/2018/nov/27/labour-plan-to-give-customers-of-big-firms-vote-on-boardroom-pay)
Customers of Britain’s 7,000 biggest companies would be given the right to vote on the pay of top executives under plans for a clampdown on boardroom pay being considered by Labour.
A report commissioned by Rebecca Long-Bailey (https://www.theguardian.com/politics/nils-pratley-on-finance/2018/nov/27/labour-pay-curbs-joke-but-execs-shouldnt-laugh-too-long), the shadow business secretary, and John McDonnell, the shadow chancellor, calls for an annual binding vote on executive packages to include all stakeholders – including employees and consumers.
Continue reading... (https://www.theguardian.com/business/2018/nov/27/labour-plan-to-give-customers-of-big-firms-vote-on-boardroom-pay)