Sarkozy heats up discussion on bonuses.
In France, BNP Paribas’ decision to reward its employees with enormous bonuses (up to €1 billion, of which €800 million in 2009) caused a stir among citizens and politicians. President Nicolas Sarkozy therefore summoned bankers to his office and forced them to accept new rules concerning bonuses. BNP Paribas and other big french banks accepted a bonus-malus system, under which at least 50% of bonuses depend on long-term overall performance. Moreover, bankers agreed to publish bonus policies in the future and accepted some sort of “bonus supervisor”. Sarkozy is now hoping that other countries are willing to follow France’s example.
Laurens De Baere
1 opmerking:
S3: French
clear and logic account. Accurate and good flow
Een reactie posten