n 2014 the EU passed legislation that capped bankers’ bonuses at 100% of their pay or 200% with shareholder approval. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on banker’s pay will push up non-bonus pay and cause bank’s costs to rise.
75% Yes |
25% No |
55% Yes |
16% No |
9% Yes, and lower the cap to 20% |
9% No, any worker should be rewarded based on their success |
7% Yes, and lower the cap to 50% |
|
3% Yes, and nationalise the banks |
See how support for each position on “Bonus Cap” has changed over time for 272k UK voters.
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See how importance of “Bonus Cap” has changed over time for 272k UK voters.
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Unique answers from UK users whose views extended beyond the provided choices.
@4TTW7YZ3yrs3Y
Any worker should be rewarded according to success, but not with excessive amounts of money, that is unfair! And in my opinion , the brokers who were responsible for selling sub prime mortgages should pay back all if not some of the money they made, as it was the tax payer who had to bail the banks out. Banks should not rely on the tax payer to bail them out when they make risky and frankly stupid decisions. Any banker who profited from our losses should have been made to pay that money back!
@9LQHXH92 days2D
Yes, the bonus they receive should be capped at 100%. However, the excess money should not go into the bank's profits and shareholders.
@9LMW7N46 days6D
There are various moral and ethical concerns about banker's bonuses but my instinct is that it is not the place of government to decide these sorts of things. I also agree that if such regulations are passed banks will simply take action to circumvent any restrictions, e.g. by increasing salaries.
@9LDRMDW2wks2W
Abolish the cap on bankers bonuses but tax the bonus separate as an extra tax. The tax should be 100% until they have reduced their works carbon emissions, and the tax rate on their bonus reduces by 1% for every 1% they decarbonise.
@9L34QCN1mo1MO
This is a silly question as all they will do is increase their salaries to ensure they get the same amount of money if not more
@9J4828L3mos3MO
No, but there should be a new level of tax for bonuses that are higher than 100% of their yearly salary.
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