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FTSE 100 bosses' pay unrelated to results, report says

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FTSE 100 bosses' pay unrelated to results, report says

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Linux_User

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Joined: Tue May 05, 2009 3:29 pm
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FTSE 100 bosses' pay unrelated to results, report says


	Quote: FTSE 100 bosses' pay unrelated to results, report says Bosses of the UK's biggest companies earn millions in "excess remuneration", a report reveals. Pay packages designed to incentivise FTSE 100 chief executives had little effect on company performance, it found. Reckitt Benckiser, ICAP, and BG Group are among the "worst value FTSE 100 companies", said Zurich-based financial research firm Obermatt.

http://www.bbc.co.uk/news/business-18035125

So much for "we need to pay high salaries to attract the best talent".

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Sun May 13, 2012 4:44 pm

jonbwfc

What's a life?

Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040

Re: FTSE 100 bosses' pay unrelated to results, report says

If they actually were an incentive, it would probably work. But the point is they get paid a king's ransom even if the company fails. So there's no incentive and no dissuasion either. It's all carrot and no stick. No wonder the companies don't see the benefit.

Jon

Sun May 13, 2012 5:01 pm

MrStevenRogers

Spends far too much time on here

Joined: Fri Apr 24, 2009 9:44 pm
Posts: 4860

Re: FTSE 100 bosses' pay unrelated to results, report says


	Quote: FTSE 100 bosses' pay unrelated to results.

no Shiite Sherlock ...

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Mon May 14, 2012 1:15 pm

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