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Company that make staff redundent should have bonuses capped

Government to legislate prohibiting bonus payments of greater than a percentage of salary (i.e. 5%) if a company has made people redundent in the last 12 months.

The objective being to protect long term employment over one-off payments by introducing a 'management cost' to redundencies.

Equivalent 'bonus' cash would then be available for company investmentment and growth (recovering lost jobs) or paid to shareholders via dividends

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Currently ranked 42,904 out of 104,924 petitions ever created.

Diversity index: 100%

Status

Closed

Created By

Matt Priest

Created On

Friday 27 January 2012

Closing Date

Monday 30 July 2012

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