Link Pay to Performance, Finance Industry Is Told; Mcfall's Report Demands Transparency On Executive Wages
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Summary
FAT cat managers at Standard Life were among those singled out for criticism today as a Treasury committee again tore into an industry that was once considered beyond reproach.
John McFall, the Labour MP and committee chairman, has ordered greater transparency over executives' wages and more correlation between customer benefits and pay.See the full content of this document
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Link Pay to Performance, Finance Industry Is Told; Mcfall's Report Demands Transparency On Executive Wages
"In recent years, savers have too often read of top management in financial institutions reaping large rewards and bonuses at the same time as a mixture of a bear market in equit...
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