Investors Urge Continued Restraint On Bonuses, Exec Pay

By Irene Madongo (November 22, 2021, 1:09 PM GMT) -- Britain's biggest firms must curb executive bonuses and salaries when they have yet to repay coronavirus-related government support, a trade body for the sector has warned.

The Investment Association said on Friday that most companies have been sensitive to the experiences of stakeholders, such as consumers or employees, during the COVID-19 crisis when deciding how much pay to award.

But the body warned that investors will be watching to ensure this continues next year as the economy recovers from the pandemic.

"Consideration of the wider stakeholder experience when determining executive remuneration outcomes by remuneration committees will continue to be a critical investor...

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