Another day, another pay 'revolt' - with equally predictable results. Shareholders of Britain's FirstGroup may feel better after 42 per cent of those that voted rejected a 'retention' award for the Chief Executive. ProGov continually argues that all perks and special payments to Chief Executives and senior directors - apart from the level of basic pay - should be banned. This would level the playing field and avoid time-consuming and ultimately futile discussions about any exceptions, special cases and other excuses to line the pockets of those senior executives in an arbitrary way.
(16/07/2011)
The Hoover Institution and other Stanford-affiliated entities recently
published the results of a survey of senior decision-makers at 47 of the
largest ins...
13 hours ago