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Still these firms will rarely forgo contingent remuneration completely, at least for their senior professionals.
(Even so, partners forwent all salary).
Thompson earned £838,000 last year, but has agreed to see his pension contributions cut and forgo a month's salary, all of which is expected to see his total remuneration drop to about £600,000 in 2011.
Along with a pledge to forgo a month's salary this year and assuming he continues to waive his bonus entitlements, Thompson's overall remuneration for the 12 months to the end of March 2011 is likely to fall to near the £560,000 he took home in his first year as director general in 2004/05.
Its remuneration committee exercised "discretion" to reduce the rewards by $3.4 million and Mr Dudley has voluntarily forgone share awards worth a further $800,000.
We want remuneration.
Make it "forgo".
I forgo all fantasy...
Most forgo complex formal approaches.
Remuneration is tricky terrain.
MPs need "adequate remuneration".
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CEO of Professional Science Editing for Scientists @ prosciediting.com