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.
@92NBW3C2yrs2Y
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
@8TM75RN3yrs3Y
If partially or fully state owned - (or bailed out) - yes. Otherwise no
@8SW57DK3yrs3Y
If a bank needs state support bonuses should be capped. Otherwise they can do what they want
@996S9CP1yr1Y
If a bank needs to be bailed out it shouldn't be paying bonuses.
@8XSVGX7Social Democrats2yrs2Y
No, but a higher cap should be implemented.
@8TRP46N3yrs3Y
They should be taxed at the highest rate and maximum 1 months salary.
@8C5RDBV4yrs4Y
Yes, but any publicly subsidised bonuses should be abolished.
@8RLJHRV3yrs3Y
No, but the money must be put into shares and cannot be sold for a set period of time
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