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Exact(14)
Obermatt, a financial-research company, argues that remuneration should be based on company performance.
Executive remuneration should be linked to long-term factors, and remuneration contracts should be publicly available.
Instead of fees for transactions, remuneration should be based on a percentage of profit for the institutional or individual investor.
Solvay Pharmaceuticals of Marietta, Ga., told the government: "We understand that bribes and other hidden remuneration should be prohibited.
The League of Women Voters of Westchester had also said that legislators' remuneration should be subject to public review.
And if a banker's investments were to go sour and lose money a few years down the road, some of the remuneration should be clawed back.
Similar(46)
He suggested that executive pay should be limited to a multiple of that earned by the lowest-paid workers within the Co-op and that members should be given more say over remuneration.
In a move that supports the government's plans to hand shareholders more rights to veto pay deals, Fidelity argues that remuneration reports should be backed by 75% of investors – compared with 50% now – and the vote should take place before any bonus is handed to a director.
It also says that minutes of remuneration committees should be publicly available, while institutions should have staff and student representatives on every remuneration committee.
Senior management remuneration reports should be published before their discussion.
"Remuneration packages should be transparent, and there's some internal benchmarks that we don't know about that determine the level of executive remuneration.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com