DEBATE: Is the Thomas Cook boss right to defend his high pay? DEBATE: Is the Thomas Cook boss right to defend his high pay and bonuses? Is Peter Fankhauser, boss of now-collapsed Thomas Cook, right to defend his high pay and bonuses? YES, says Benedict Spence, a freelance writer. It never sits well, watching those high up the corporate ladder gorge themselves as companies go under. But the case of Peter Fankhauser and Thomas Cook isn’t quite as clear cut as [...]
DEBATE: The average CEO-worker pay ratio is down – so are shareholders winning the debate against excessive pay? The average CEO-worker pay ratio is down – so are shareholders winning the debate against excessive pay? Andrew Ninian, director of stewardship and corporate governance at The Investment Association, says YES. When you negotiate, whether buying a house or closing a business deal, you don’t wait until the final offer to start discussing price. It [...]