ride would give managers a longer-term view of their business,opines unusual deputy chairman Sir Gerry GrimstoneBankers’ bonuses should be withheld for up to a decade to give managers a longer-term view of their business, the unusual deputy chairman of Barclays has said.
Sir Gerry Grimstone said he wanted to ride “to a system where a large part of variable remuneration are shares that you hold in the organisation for five years or 10 years”. Related: RBS pays share bonuses worth £17.4m to top management team Related: UK banks expected to pay out £5bn in bonuses Continue reading...
Source: theguardian.com