Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Politics
Bonuses
fixed salaries
market price
politicians
rewards policy
Sylvester Eijffinger
Wednesday, 27 November 2013 - 04:32
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Rewards policy will not decrease bonuses

A stricter rewards policy will not result in a dramatic decrease of overall bonuses in the financial sector. If bonuses go down, fixed salaries will just go up, predicts professor of financial economics in Tilburg, Sylvester Eijffinger.The system works the same as communicating vessels, according to the professor. If the government caps the bonuses at 20 percent of the fixed salary, it will result in the salary going up, explains Eijffinger. [[{"type":"media","view_mode":"media_large","fid":"26586","attributes":{"class":"media-image size-medium wp-image-10108","typeof":"foaf:Image","style":"","width":"201","height":"300","alt":"bag of money"}}]] bag of money
thenotoriouskcg
Flickr In dealing with an international market, if you need a good financial manager, and you have to recruit internationally, you will have to pay the market price. That is just the way it works. Politicians think they can regulate against the market, but that is harder than it looks, according to the professor.

Follow us:

Latest stories

  • Necklace worth €27 million snatched in Tefaf Maastricht art fair robbery: Report
  • Philips: Issues with sleep apnea machines less harmful than thought
  • Instructor, student killed in small plane crash on Tuesday
  • Covid hospital patient total jumps 17 percent; New infections rise by 29 percent
  • Supreme Court confirms mother's conviction for girl's fatal fall from Hoogeveen flat
  • Authorities can use hacked encrypted chats for investigations: Supreme Court

Top stories

  • Necklace worth €27 million snatched in Tefaf Maastricht art fair robbery: Report
  • Covid hospital patient total jumps 17 percent; New infections rise by 29 percent
  • Small plane crashes in Flevoland lake; Rescuers working to save victims
  • Farmers burning hay bales on highways with more nitrogen policy protests expected
  • Health Min. wants to expand euthanasia access to terminally ill children under 12
  • Woman, 73, killed in Zeeland tornado

© 2012-2022, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content