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Make it illegal to award Bonuses which equal more than 100% of an individual's Salary for any and all industries (aka tax evasion)

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 7

Tagged with

Individuals ~ Tax

Petition Action

Make it illegal to award Bonuses which equal more than 100% of an individual's Salary for any and all industries (aka tax evasion)

Additional Information

Make it illegal to award Bonuses which equal more than 100% of an individual's Salary for any and all industries (aka tax evasion).
If a bonus is worth more than an individual's salary it isn't actually a bonus, its a way to increase their salary without looking like they are overvaluing a particular skill set within an industry and/or having to pay tax on it. If particular employees are worth so much that they are awarded 100%+ bonuses then their salary scale should be adjusted for all people within their role. May help the public to see how grossly overvalued certain individuals/jobs are and make it harder for businesses to justify paying so much to so few.


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