Submitted on Friday 27th January 2012
Published on Monday 30th January 2012
Current status: Closed
Closed: Monday 30th July 2012
Signatures: 2
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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