Rejected petition Subsidised and State Owned Companies to Comply to Strict Pay Regulations

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In order to prevent the tax payer funding failure in the private sector it is proposed that all companies who receive government subsidy to adhere to rules regarding executive and director pay. Such that the top earner in a company (including bonus - cash and other) shall be no more than a multiple of that of the bottom earner (including temp staff). Once a company is capable of existing without state intervention then they will become exempt from these regulations.

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

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Date submitted 29 January 2012
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