@ISIDEWITHQuestionseconomy10yrs ago

Should bankers’ bonuses be capped at 100% of their pay?

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.

Answer Overview

Response rates from 1.1k Israel voters.

62%
Yes
38%
No
53%
Yes
30%
No
4%
Yes, and lower the cap to 50%
8%
No, any worker should be rewarded based on their success
3%
Yes, and lower the cap to 20%
2%
Yes, and nationalise the banks

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Other Popular Answers

Unique answers from Israel voters whose views went beyond the provided options.

 @95S4L44answered…2yrs2Y

No should be capped at a fixed percentage of average employee income.

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 @ISIDEWITH submitted…3 days3D

Trump Targets FAA Diversity Programs In Crash Aftermath

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