Submitted on Tuesday 15th November 2011
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Considering median employee earnings in directors' bonus awards
I wish goverment to reform corporate governance codes to encourage companies to consider employment levels and median employee earnings when awarding long term incentive packages to directors.
Whilst s172 of the Companies Act requires the directors to consider the interests of the company; they are to have regard to the employees.
This would be a much fairer compromise as it will prevent the need to tax directors on their bonuses but will encourage them to create more jobs for the benefit of the economy.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
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18.188.227.37 Tue, 19 Nov 2024 09:52:51 +0000
