Has Greenbury tamed the fat cats?

Article Abstract:

The main recommendation of the Greenbury committee on executive salaries is that there should be greater accountability and transparency concerning the links between directors' payments and performance. This should be welcomed as a valuable opportunity to boost understanding about the key role played by companies and their directors in the economic and social development of the country. For many observers, it is now also time to narrow the gulf between directors' salaries and those of ordinary workers, as this severely hampers integrity and communication.

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Fat Cats can be key to success

Article Abstract:

The best top management compensation schemes are both efficient and just. Companies which adopt the best approach to top management compensation can significantly boost average annual shareholder returns. Shareholders should ensure that their company pays high variable compensation, as bonus schemes that permit managers to obtain large bonuses can significantly boost shareholder value. The company should review its salaries against an annual industry-specific pay survey, and should pay a percentage of annual bonus in long-term handcuffed shares.

United Kingdom, Personnel administration, Management Salaries, Wages and salaries

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Behind the bluster, Labour has quietly tamed the unions

Article Abstract:

The UK's trade unions have undergone significant changes. They are now uncertain about their role, and are grateful for anything government ministers are willing to give them. They realize that they have become much less influential, and that their stance on key issues is no longer particularly important. They are reluctant to come into conflict with the government, and seem to almost regret putting forward policies that oppose those of the government. However, they still deserve to be taken seriously.

Labor organizations, Labor Unions, Labor Unions and Similar Labor Organizations, Political activity, Column

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