Submitted on Wednesday 10th June 2020
Rejected on Wednesday 29th July 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
Make it illegal for companies which use public funds to pay bonuses to CEO&Board
Board and CEO bonuses should be based on performance and they should not be paid from Taxpayers money and when company is bailed out by gov. Moreover, if company makes its staff redundant or imposes short time working or uses Taxpayer money (incl. Furlough) it is immoral to pay bonuses to CEO/Board.
Make it illegal for companies to pay bonuses to company board including CEO or dividends to shareholders in financial year in which
- any form of public help is received (including furlough)
- any form of public help is not repaid (if repay was stipulated when
bailout was agreed & received).
- company made its staff redundant or imposed short time working.
Paying bonuses & dividends in such circumstances is immoral and forms abuse of public funding (Taxpayers money).
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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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petition.parliament.uk/petitions/306053
3.149.239.70 Sun, 22 Dec 2024 14:52:17 +0000