August 20, 2015 | NEDonBoard - Official Site
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Daily Archives: August 20, 2015

Penalties & Pay: Financial Responsibility

The position of a non-executive director for a bank is part-time, yet is paid more than five times the national average full-time wage. This discrepancy is so-called ‘danger money’- a rise in pay as a result of reforms that can allow bankers to be held accountable for mistakes. These penalties go so far as jailing executives,…

August 20, 2015Leave a commentNon-Execs' ResponsibilitiesBy John Welth
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