31 January 2012

Another fine mess

So what, exactly, is the coalition government's current position on bonuses in the public or quasi-public sector?  Or even, come to that, in the private sector?  The problem is not going to disappear.  As The Guardian reports:
... the government needs to decide how to treat pay and bonuses at nationalised and semi-nationalised companies that wish to recruit executives from the private sector. In RBS's case, there will be a row every January until the bank is sold – indeed, there will be more argy-bargy within weeks when executives below board level are handed their winnings. Doing nothing, while praying that Ed Miliband doesn't table a Commons motion, is not a policy.


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