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Should bankers’ bonuses be capped at 100% of their pay?
Results from National Party
Last answered 2 weeks ago
Yes
5,243 votes
64%
No
3,010 votes
36%
Distribution of answers submitted by National Party.
Data includes total votes submitted by visitors since Apr 2, 2015. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorised into yes/no stances.
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Data based on 30-day moving average to reduce daily variance from traffic sources. Totals may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.
Learn more about Bonus Cap
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. See recent bonus cap news