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Bonus is great to spur improved productivity but it should not be for all workers- only for chief executives
Thursday, 14 June 2012
Swedish companies continue to roll out bonus program which on the first
look at things it is great for it would spur economic vitality and
productivity. But there is a problem the bonus programs are
increasingly aimed only at managers and top executives.
In the USA for example after destroying the economy, the Republican
Party is now accusing Barack Obama for stifling the economic growth and
job creation in their economy. They say that Obama has passed
regulations that affect job creators. Do you know who the job creators
are? Billionaires and millionaires - whom the Republicans want their
wealth to continue to balloon while the middle class remain seriously
squeezed. And the public will quickly buy it and before they realise
the same old story that took us down returns.
things have really changed in the direction of the American republican
thinking as expressed above because a survey conducted by the
accounting firm KPMG shows that 30 percent of listed companies have
proposed a new program at this year's meetings.
Last year's corresponding statistics were 32 percent. The financial
crisis has not frightened companies and those CEOs that operated this
way don’t care and just want to line their pockets.
Among the common programs, share award programmes are the most common form of incentive, followed by warrants and stock options.
Equity programs was in the last five years, the more common one while
stock options have lost ground, writes Swedish business daily Dagens
By Scancomark.se Team
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