In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. There are currently no caps on banker's pay in Canada. 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.
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@9TYSP557mos7MO
No one should make 60% more than their lowest paid employee stop saying the guy in the states makea this, no look at it like do you honestly belive you deserve that much more than your lowest paid employee are you that much better of a human being
@9TDFCDQ7mos7MO
should be based or the wage of the lowest employ wage, and depending on how many employees they have.
@9RDCYWP9mos9MO
The CEO should get as much of a bonus as negotiated, as long as their is a mandatory percentage equivalent bonus to all non executive workers.
@9FFPBL82yrs2Y
Executive Compensation should be capped for all
@8TWZL2K4yrs4Y
Bankers should not have bonuses
@8GXXL9Z5yrs5Y
Bankers should not receive bonuses. They should only receive their salary plus performance and cost of living raises.
Bankers should receive smaller bonuses - maybe capped at 5% of their pay.
@95LSVQV3yrs3Y
They should be capped but only at 20% of their pay
@928X97S3yrs3Y
No, for front line workers and yes for corporate management
@8ZSJL5B3yrs3Y
Yes, and nationalize the banks with the goal of abolishing banks.
@8Z7DWC93yrs3Y
Yes, and nationalise the banks with the goal of breaking up the banks
@8W6KC6MNew Democratic4yrs4Y
Yes, and total executive compensation (including bonuses) should be capped at 10x the wage of the lowest earning employee
@Jjulip4yrs4Y
Top business officials should have a cap on compensation relative to the lowest paid person in their organization
@8VKD4HP4yrs4Y
Eliminate central banking
@8VJ8ZRD4yrs4Y
No there should be no bonuses.
@8VBQZYD4yrs4Y
Lower the cap by 50 %, but create public banks as an alternative to private banking.
@8TYJGN54yrs4Y
It should be capped at 15% and never come from government funding.
@8TX5DJL4yrs4Y
Yes, lower the cap to 20%, and give bonuses only for positive performance. The guy who wrecked Nortel walked away with millions in bonuses for driving the company into the ground. Meanwhile retired workers got their pensions slashed. This is grossly unethical. Neither banks nor corporations should be allowed to reward ineptitude and bad management.
@8TX333D4yrs4Y
No bonuses should be allowed at all
@8TW2L7B4yrs4Y
No, unless subsidised by government, then zero bonuses.
@8S8V23F4yrs4Y
Yes, but profits and bonuses should should be distributed throughout the compilation, accordingly importance of the job
@8PYPXY54yrs4Y
Yes, lower the cap to 20% AND nationalize the banks
@8PJVJTNConservative4yrs4Y
No. Banks are private industry and can pay their employees whatever they want. if the banks become uncompetitive or loose business because of high bonuses, they will be forced to adjust.
@8NZHVX84yrs4Y
They should stop being so damn greedy
@993V7YD2yrs2Y
i do not care about a bankers pay
@992BKQT2yrs2Y
Banker's and other highly paid publicly paid executive's, shouldn't receive "bonuses" and certainly not 100% of their pay
@98PQTLX2yrs2Y
No and any worker should be rewarded based on their success
@97WPXL82yrs2Y
@93TH8JW3yrs3Y
I'm 14, I don't understand this.
@92S6KXH3yrs3Y
There is no issue, so long as we adopt a flat tax.
They should be capped. Percentage wise of pay is arbitrary. Is there value to shareholders, person affiliation. We need to stop corruption.
@8FQ3ZDF5yrs5Y
this question is not relevant to me
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