In 2014, the EU passed legislation that capped bankers’ bonuses at 100% of their pay or 200% with shareholder approval. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers’ pay will push up non-bonus pay and cause bank’s costs to rise.
@9ZK5WQC2mos2MO
Bonuses should be capped within reason based on salary. Not fair to punish the low earners working in banking
@9ZJ2ZTB2mos2MO
Make them personally criminally liable for what goes on in their bank and link bonuses to the long term health of the economy after their exit.
@9ZDW5P92mos2MO
It depends if the bank can’t afford it and is getting help they shouldn’t be offering bonuses but it should be dependent on the success of there services
@8TM75RN3yrs3Y
If partially or fully state owned - (or bailed out) - yes. Otherwise no
@996S9CP2yrs2Y
If a bank needs to be bailed out it shouldn't be paying bonuses.
@92NBW3C3yrs3Y
If the banks weren't bailed out there shouldn't be a limit. For bailed out banks then cap it until the bank is able to support itself
@8TRP46N3yrs3Y
They should be taxed at the highest rate and maximum 1 months salary.
@8SW57DK4yrs4Y
If a bank needs state support bonuses should be capped. Otherwise they can do what they want
@8XSVGX7Social Democrats3yrs3Y
No, but a higher cap should be implemented.
@8C5RDBV4yrs4Y
Yes, but any publicly subsidised bonuses should be abolished.
@8RLJHRV4yrs4Y
No, but the money must be put into shares and cannot be sold for a set period of time
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