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.
Statistics are shown for this demographic
Constituency
City
Response rates from 3.8k Non-Civil Parish or Community voters.
78% Yes |
22% No |
53% Yes |
13% No |
13% Yes, and lower the cap to 20% |
9% No, any worker should be rewarded based on their success |
8% Yes, and lower the cap to 50% |
|
5% Yes, and nationalise the banks |
Trend of support over time for each answer from 3.8k Non-Civil Parish or Community voters.
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Trend of how important this issue is for 3.8k Non-Civil Parish or Community voters.
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Unique answers from Non-Civil Parish or Community voters whose views went beyond the provided options.
@979XN3F 1yr1Y
No, but require bankers to provide equity during financial crises
@4TTW7YZ4yrs4Y
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!
@9QG96KK5mos5MO
They should not receive any bonuses. This is our money, they should be paid a salary and that is it!!!
@9QBXMJY5mos5MO
This should depend on their pay, if under £100,000 the limit should be 100%, but if pay is £1m (for exple) should be limited to 10%. Make it fair!
@9Q77X5N5mos5MO
Yes, and lower the cap to around 50%. I don't think the banks should be nationalised, but there should be a government body that oversees the banks' to ensure we don't have another financial crash that is caused by the bankers for them to get bailed out by the public.
@9Q6R8ZZ5mos5MO
No, exessive pay of managerial roles is bad for smalltime shareholders and bad for the long term health of a company.
@9PJS89L5mos5MO
Yes, but as a wider restriction on bonuses for high wealth individuals rather than specifically bankers
@9PCW8F45mos5MO
Bonus’s should be banned as those receiving them are paid well enough and receive salaries on the back of those earning the least
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