UK floats binding vote on pay

Comments (0) | 20 Sep 2011 | Rating | Print by Tim Human

Business secretary outlines proposals for pay and narrative reporting in two consultation papers launched yesterday

UK companies could face a binding vote on executive compensation under new proposals outlined by the government yesterday.

Vince Cable, the UK business secretary, has launched a consultation paper on executive pay that questions whether the non-binding votes companies currently undertake are a strong enough incentive to link pay and ...

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