Productivity Commission says excessive executive salaries won’t be capped
Play
Stop
The Productivity Commission has released the initial findings of its inquiry into executive pay today. It says the way forward is not capping the excessive salaries of CEOs, but giving shareholders more control over the boards of companies. This is good news for shareholders, but bad news for workers who have faced pay cuts and job losses because of the financial crisis. While they underwent belt-tightening, executive salaries continued to rise.
(Visited 2 times, 1 visits today)
Download Audio