@ISIDEWITHQuestionseconomy9yrs ago

Should bankers’ bonuses be capped at 100% of their pay?

In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers' pay will push up non-bonus pay and cause bank's costs to rise.

65%
Yes
35%
No
51%
Yes
22%
No
6%
Yes, and nationalise the banks
12%
No, any worker should be rewarded based on their success
5%
Yes, and lower the cap to 20%
3%
Yes, and lower the cap to 50%

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Other Popular Answers

Unique answers from Spain users whose views extended beyond the provided choices.

 @9BYFGNXfrom Georgia answered…12mos12MO

No, but nationalize the banks.

 @9DMZZYNfrom Georgia answered…8mos8MO

Yes, but we should nationalize the banks and the financial system.

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