Your English writing platform
Discover LudwigExact(2)
The bank said: "We have made substantial reductions in remuneration, including clawing back £300m of unvested deferred and long-term incentive awards and risk adjustments of £860m to our 2012 incentives pool to reflect the Libor investigation and other risk issues in 2012".
For new biogas plants, the EEG's remuneration rules set effective flexibility incentives, but 2014 reductions in remuneration rates have significantly slowed down the expansion.
Similar(58)
How can Hunt and his colleagues expect anybody to work in a committed and motivated way when they have to accept a 26% reduction in remuneration?
In exceptional cases, operators will still be able to fall back on feed-in tariffs, with a 20% reduction in remuneration rates (§ 38 EEG 2014).
Lower remuneration: For installation operators, mandatory direct marketing without payment of compensation via the management premium implies an indirect reduction in remuneration in the amount of the specific marketing costs and a reasonable margin of profit for intermediaries.
This was driven by a reduction in the remuneration of the highest-paid director, assumed to be Tabor, who received £3.3m in 2010/11.
Using a multilateral approach, he finds that under imperfect corporate governance, dividend taxation creates incentives for managers to overinvest to compensate for the reduction in their remuneration that would occur otherwise.
Already barristers are suffering year-by-year reductions in legal aid remuneration, and have to turn to privately paid cases to make a living.
He added: "It is very important there is one set of schemes and choices in the BBC so for some directors this means very substantial reductions in the amount of remuneration they get".
In March 2009 it was announced that he volunteered to take a cut of about 35% to his potential remuneration package, including a reduction in basic salary to about £580,000.
Excesses in remuneration are not cost-free.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com