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28 Apr 10:37am

Bosses lose only a fraction of pay when employees die on the job, says research

The Guardian
Shareholder group calls for end to ‘flawed model’ of paying bonuses simply for keeping workers alive Big company bosses lose only a fraction of their pay when employees die on the job, according to research by an influential shareholder advisory group that has called for an end to the “flawed model” of paying bonuses simply for keeping workers alive. Top executives in those boardrooms with bonuses tied to reducing worker fatalities lost an average of only £33,600 per worker – less than 1% of their average total pay – when an employee did die in the 2019-20 reporting period, research by the shareholder advisory firm Pensions & Investment Research Consultants (PIRC) found.
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