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@VOTAQuestionsEconomy11yrs ago

Should bankers’ bonuses be capped at 100% of their pay?

n 2014 the EU passed legislation that capped bankers’ bonuses at 100% of their pay or 200% with shareholder approval. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on banker’s pay will push up non-bonus pay and cause bank’s costs to rise.

Answer Overview

Response rates from 280 European Union voters.

82%
Yes
18%
No
62%
Yes
14%
No
11%
Yes, and lower the cap to 20%
4%
No, any worker should be rewarded based on their success
7%
Yes, and nationalise the banks
1%
Yes, and lower the cap to 50%

Historical Support

Trend of support over time for each answer from 280 European Union voters.

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Historical Importance

Trend of how important this issue is for 280 European Union voters.

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