Source: www.theguardian.com - Thursday, September 26, 2019
‘Red top’ warning will alert shareholders to businesses that fail to curb bosses’ benefits An influential investor group has told companies they must publish credible action plans that align executive pension pay with their workforce by 2022, or risk further shareholder revolts. The move could result in companies slashing bumper pension payouts for several executives, who pocket hundreds of thousands of pounds in cash retirement benefits every year. Related: Pay for FTSE 100 bosses at five-year low after anger over pensions Related: Ryanair boss could get €99m bonus despite shareholder revolt Continue reading...
Source: Breaking News
‘Red top’ warning will alert shareholders to businesses that fail to curb bosses’ benefits An influential investor group has told companies they must publish credible action plans that align executive pension pay with their workforce by 2022, or risk further shareholder revolts. The move could result in companies slashing bumper pension payouts for several executives, who pocket hundreds of thousands of pounds in cash retirement benefits every year. Related: Pay for FTSE 100 bosses at five-year low after anger over pensions Related: Ryanair boss could get €99m bonus despite shareholder revolt Continue reading...
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Source: Breaking News
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