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Make it illegal for companies which use public funds to pay bonuses to CEO&Board

Submitted on Wednesday 10th June 2020

Rejected on Wednesday 29th July 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Make it illegal for companies which use public funds to pay bonuses to CEO&Board

Petition Details

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.

Additional Information

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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This petition was rejected

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.

You are more likely to get action on this issue if you sign and share a single petition.

petition.parliament.uk/petitions/306053

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