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First crack in executive pay dam?
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- First crack in executive pay dam?
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First crack in executive pay dam?
First crack in executive pay dam?
03-05-2012 2:21 PM
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Aviva shareholders voted down the proposals on executive pay. http://www.bbc.co.uk/news/business-17938865
No doubt these executives will make good their threats and leave the company in protest? One can only wish.
No doubt these executives will make good their threats and leave the company in protest? One can only wish.
Now Zen, but a +Net residue.
3 REPLIES
Re: First crack in executive pay dam?
Re: First crack in executive pay dam?
03-05-2012 9:21 PM
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Please note this quote from further down the article:
"Shareholder votes on pay are only advisory, so while the defeat is embarrassing for the company it is not binding."
In other words, they can carry on taking the [censored] and be sure that nothing will be done.
"Shareholder votes on pay are only advisory, so while the defeat is embarrassing for the company it is not binding."
In other words, they can carry on taking the [censored] and be sure that nothing will be done.
Re: First crack in executive pay dam?
Re: First crack in executive pay dam?
04-05-2012 3:03 PM
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Seems like a number of Civil servants are also on the ball by forming a private company and not paying the amount of tax the rest of us pay.
It appears that once you reach a certain pay grade or position in the government or private firm a whole range of tax dodges and perks are open to you.
It appears that once you reach a certain pay grade or position in the government or private firm a whole range of tax dodges and perks are open to you.
Re: First crack in executive pay dam?
Re: First crack in executive pay dam?
04-05-2012 7:21 PM
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What I want to know with these arrangements is why they've not been caught under the IR35 tax rules..
Oh, I forget, It's only the contractors that get caught by these rules, not the people employing them!!!
Oh, I forget, It's only the contractors that get caught by these rules, not the people employing them!!!
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