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notageek
Tux's lil' helper
Joined: 05 Jun 2008
Posts: 82
Location: Bangalore, India
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 Posted: Mon Apr 30, 2012 7:07 am Post subject: [pjp] Executive pay 'revolt' web tool launched |
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http://www.bbc.co.uk/news/business-17886702
| Quote: | A new web tool has been launched that lets individuals complain if they feel executive pay at companies is too high.
The tool lets you choose your pension fund or ISA provider and emails them a letter asking them to vote against high pay and bonuses.
High executive pay has drawn criticism from investors, politicians and financial regulators.
Last week, Barclays was stung as almost a third of shareholders voted against the bank's remuneration policies.
The web tool was made by the campaign group FairPensions and backed by the think tank the High Pay Centre. They say the project "provides a unique way to influence pay practices at the top".
Pension funds and ISA providers invest in many of the UK's FTSE 100 firms and have an opportunity to vote against remuneration reports at the annual general meetings.
"It's high time that we get a handle on excessive executive pay," said Sir Mike Darrington, former managing director of bakers Greggs. |
http://www.fairpensions.org.uk/highpay <-- The tool.
UK specific tool (and story). Sorry. 
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pjp
Administrator
Joined: 16 Apr 2002
Posts: 16033
Location: Colorado
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| Posted: Mon Apr 30, 2012 10:11 pm Post subject: |
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I have no concern for an upper limit, only the difference between it and the lowest wage (within the same company).
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lolgov. 'cause where we're going, you don't have civil liberties.
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