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Say No to bonuses in years where companies make redundancies

Submitted on Friday 27th April 2012

Published on Wednesday 2nd May 2012

Current status: Closed

Closed: Thursday 2nd May 2013

Signatures: 23

Tagged with

Economy

Petition Action

Say No to bonuses in years where companies make redundancies

Additional Information

Paying enormous cash bonuses to chief executives during times of economic hardship for the majority is unfair; particularly when the bonus has been "earned" by turning in a profit which has been paid for by the sacrifice of jobs.
If this country's economy is to grow then we need to increase trading across the board. Many companies owe their short-term profitability to cost cutting exercises and workforce reductions.
Call upon HM Government to make it illegal to pay bonuses to chief executives in years where they make redundancies.


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