Pay: Pru (UK) sets poor example

The corporate oligarchy does not seem to be capable - or willing - to learn. To shower excessive rewards on the few (Seven) is morally despicable apart from being totally unproven to contribute anything to company performance. A good salary and a company-wide reward scheme open to ALL employees on a salary-based pro-rata basis should be incentive enough. Keeping one's job should be 'reward' enough, and under performers will be shown the way out (is that not enough 'incentive' to perform?). A major institutional investor such as the Pru (do they know that they are actually only fiduciaries for the real investors, do they care?) is critically conflicted in terms of corporate governance and should be a shining beacon for good behaviour...o tempora o mores! Any reader who agrees with us should get in touch - only numbers count in the battle for better corporate governance. There are plenty of studies and organisations working on the issues but they are basically either talking shops (sometimes well paid) or headless chickens without leadership.


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