In the News
Why bonus-based pay packages are a mess
19th October 2017
The bonus-culture for executives is attacked in this short comment video from the FT. A good video to watch especially for the applied side of labour market economics.
The FT's Andrew Hill explains why bonus-based pay is fundamentally flawed and why firms need to look for an alternative approach to executive pay.
"Research shows that bonuses can get in the way of our intrinsic motivation to do the right thing."
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Bring Back Cedric the Pig!
21st January 2015
Sky high pay and financial instability
27th August 2015
Statistics on Executive Pay in the UK
29th August 2017
EdExcel Theme 3 Micro Knowledge Book - Labour Markets
Quizzes & Activities
Are CEO salaries out of control?
25th July 2022
Surge in UK CEO pay reignites debate over CEO pay caps
22nd August 2022
