Proceeding contribution from Mark Lazarowicz (Labour) in the House of Commons on Tuesday, 7 February 2012. It occurred during Opposition day on Banking (Responsibility and Reform).
Banking (Responsibility and Reform)
Having a worker on the board is not just about accountability. Would it not also address the fact that remuneration committees tend to comprise people much like the people whose salaries and bonuses they are assessing? It is not surprising, therefore, that they decide in favour of higher bonuses and salaries. That is another reason a different voice is needed on the committees.
Secondary information
- Type
- Proceeding contribution
- Reference
- 540 c189
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Credit Incentives Pay Managers Loans Small businesses Regulation Reform Bank levy
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 15:15:29 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_807708
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