Move to cap top US executives pay – will it catch on here?
The new US president is about to impose a ceiling on the executive pay of companies who have received a US taxpayer bail-out. The ceiling will be $500,000 (around £350,000) - or $100,000 more than President Obama receives! This seems to be a measure to placate the American public, outraged that these executives still received their huge payouts after the State rescue. However, the move is an initial step in a wider attempt to overhaul executive pay practices. This is something that has been much discussed in the UK; what do you think, should executives from ‘rescued’ companies still receive bonuses and exalted pay?
Labels: America, employees, executives, Obama, pay, state rescue, usa, virtual assistant, virtual assistant training, virtual pa, virtual pa training
posted by lilach
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11:31
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