Top executive salaries have been creeping up for decades. In the competitive corporate world, remuneration has become a key tool to attract and retain the best talent in the market and each new high-profile hire seems to come with an eye-watering package.
And yet, good corporate governance dictates that executive pay should reward the executive's part in achieving the success of the company and be aligned with the interests of shareholders and other stakeholders, including employees. The global lockdown in response to Covid-19 has caused an economic crisis in which few businesses will go unscathed. Update: FCA to end temporarily postponed deadlines for fund reports and accounts The full impact of the pandemic is yet to be seen, but job losses have already begun in the worst-hit sectors, including travel and retail, and the damage is...
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