Will Hutton's naive pay review won't stop the bosses' bonus racket | Simon Jenkins

Will Hutton's new strategy for top public-sector pay is flawed. Bonuses are not about performance and incentive – just greed

Ask people how much they should be paid, and experience suggests they will err on the side of generosity. Ask the same question of senior executives and generosity will be extreme. They will agonise, dig deep into their consciences, "think of the firm", grab the money and run. Query this approach and they will hire non-executive directors, remuneration committees, human ...

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Published on March 15, 2011 12:30
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