n 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 banker’s pay will push up non-bonus pay and cause bank’s costs to rise.
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@9HK9YD6 1yr1Y
I'm based workers of success better living of wages touch for the ends basics contract by legend former UK Prime minister's office dramatic and unions agreement
I oppose to bonuses as many employers will have workers working rediculis hours and set them up to fail
@9G5HQ721yr1Y
I think that the worker should be rewarded for their success but they should have a limit on how much they get.
I dint know enough to decide
@9DGGSJS1yr1Y
Yes, and increase regulations around what banks can do and their profits.
Yes - but at a lower %, assuming it is at the loss of NZ'ers, and not a bank corporation.
All salaries and bonuses should be capped by a link to the earnings of the lowest paid.
No bonuses as theu are paid to fp a good job anyway.
All bonuses should be removed.
@9D5LT4L1yr1Y
No cap but reformed tax on the bonus
Not the Government's business.
Corporate bonuses are obscene especially when so many people are struggling. Boards should lower bonuses to something acceptable such as 5 or 10%.
Yes, and lower it to 0%, if you do well get a raise. All the other workers contributing to your success as a manager didn't get a bonus either.
Should be capped 2 ways, as a figure of x ti.es the lowest paid employee for their salary first ie 20x basic salary then bonus toed to 50% of Salary max
Based on minimal impact people with shared benefit
bonuses are a wank and often create wrong behaviours.
@9F95WZG 1yr1Y
No, they should be paid a reliable flat rate salary.
Much lower at 5 or 10 percent.
@9DRXV7H1yr1Y
CEO’s and bankers bonuses are at INSANITY levels. No one does enough work to earn that. If a NURSE, DOCTOR, TEACHER, Firefighter, Ambulance worker, policeman doesn’t get that amount for their work which is SO MUCH MORE than a banker would ever do (proven by the pandemic because they were essential right?) then a banker shouldn’t be getting paid that much or be getting outrageous bonuses. They’re also ripping off the middle class when they do that because interest rates have increased simply to line their pockets.
@9DRW7NC1yr1Y
Yes and their bonuses should be reduced drastically
@9DRW7NC1yr1Y
No, their bonuses should be reduced drastically
@9FN6TJW1yr1Y
Why should they get bonuses? I work hard and get no bonus.
Banks are an essential. Workers should be fairly compensated on salary. No bonus as banks should not benefit from other people’s dependency on them. It is a monopoly in that we have no choice but to use a bank. There should be zero money allowed to flow from Nz surpluses to other countries. There should be forced spending of surplus by cutting banking fees following year.
A banker is getting a bonus from our combined income and savings. Their bonus should be capped at 20%. Increase savings and returns for the people who use the banks.
Banks are commercial entities, it is not for Government to regulate how they pay their staff. However I support a windfall tax for banks.
@9DSH8DX1yr1Y
The banking system should be fully investigated & no more offshore banks. Nz owned & operated. Too much international interference & power in our country.
bankers should not be getting any bonuses whatsoever and should be accountable for poor performance instead
@95KSND52yrs2Y
No, but these things should be fully disclosed in public interest
@95FNLHX2yrs2Y
not benifit and allowences can uplifting by worship work or incomes over tax by law new zealand flu the rido te o roopu ski more shores and beeches an more keeps in process
@8TLSXNW3yrs3Y
The majority of the working force never receive bonuses in there life why should bankers get one when no one else does.
@8GZK6TN4yrs4Y
Bankers earning more than 6 figures should not receive bonuses and banks should reduce their fees to customers accordingly.
@8GDSK5D4yrs4Y
Less regulation, not more
@8DRQDVC4yrs4Y
No government should not be involved
@8CZG8394yrs4Y
@8CJP2YQ4yrs4Y
This is a private matter between the Bank & their employees, as with all employer/employee relationships
@8C554DH4yrs4Y
@98X2FZ32yrs2Y
It should be illegal for any company to pay bonuses.
@98X2CSB2yrs2Y
There should be no bonuses for any job. This should be illegal.
@97Z9FQF2yrs2Y
Sort the whole banking rort out. Profits are too high
@9C2KPBR2yrs2Y
Don't really care. Free market. Less monopolies would work wonders.
@8C554DH4yrs4Y
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