Corporate Bonuses Should Be at 20% of Salary

By: Together Abroad 19-09-2016 10:56 AM
Categories: * Daily employment news,
All corporate bonuses should be capped at 20% of salary, finance minister Jeroen Dijsselbloem said on Thursday.
As reported in the Volkskrant, the minister criticised a commission that is currently drawing up a new code of conduct for listed companies, which are not doing enough to limit bonuses of senior executives. As bonuses are continuing to rise, the gap between executives and average worker pay is becoming absurd, the minister said. At Ahold, Heineken and Unilever, for example, executives earn over 100 times as much as the average worker, he said.
The financial services sector, Dijsselbloem said, has taken steps to limit bonuses. This was, he pointed out, one of the conditions for the government bailout of several banks during the economic crisis. In addition, he said, the government is trying to rein in companies in which the government has a stake, such as the NS, KLM, Schiphol and Holland Casino. In such companies, salaries have been brought down and bonuses limited to 20% of annual wages.

Source: http://www.dutchnews.nl
816 views
No reactions
Print
Mail a friend
This article is restricted. You have to be logged in to be able to add further reactions.

For an expat moving to the Netherlands, getting the right direction is very important. It's important that one knows which steps and direction to take. Linda is an exceptionally talent counselor, her advice has helped me land a job within a week of coming to the Netherlands. I am grateful for her mentoring and look forward to a great working relationship in the future.

Dr. Hrishiraj S | Clinical Research & Affairs Manager

Together Abroad provided expert advice on personal branding including developing a top-notch, market-aware CV, highly tailored job applications, and approach strategies with potential employers in the Netherlands. Furthermore, I found them be highly knowledgeable in key related fields such as recruitment strategy, immigration law, contracts, labor agreements, and (un)employment benefits. I would recommend Together Abroad to anyone who needs professional help with transitioning to a new career.

A. Aboufirass | Structural Engeer

Linda is a big mind. She thinks about things that the rest normally overlook. The insight she has about the dutch job market can only be achieved through years of experience and persistence.

Her business savvy is complemented by her mastery of understanding the client's needs and requirements. For my career I could say, she was the “Mary Poppins”, who guided me through thick and thin and helped me to land a career in the Netherlands

S. Bhattacharjee | FP&A Manager

If you are going to enlist the services of a "Career Coach" look no further. The only person you want in your corner is Linda van Orsouw. As an expat, you absolutely want to work with a highly skilled and knowledgeable professional who knows their way around the Dutch career/employment/job market. Linda assisted me in writing and positioning my CV, helped me organize and prioritize my list of opportunities, coached me through mock interviews and was there when I got offered a senior position only 2 months later. When asked I will only refer to Linda and "Togetherabroad".

Mr. C. Joubert
Lead Workplace Strategy Consultant 

 

New item