The Commentator

Holding a mirror to fakery in the office

Bob’s lie may have been extreme, but how many others are faking it at work, while well-paid bosses simply don’t notice

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The Commentator

The Right’s muddle over high pay

The Left is wrong on high pay, but the Right is hopelessly muddled and needs to gain the high ground.

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The Commentator

Why pay for performance is a mug’s game

‘No personal rewards for company success’ might be the appropriate slogan from those who seek to restore market logic in the face of self-interested irrationality

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The Commentator

High executive pay is justified by the myth of talent

The downward trend in board-level pay announced in the BBC annual report yesterday is welcome. Nevertheless, executive salaries at the corporation and elsewhere in the public sector, not to mention the burgeoning pay in the corporate world and in the finance sector, still appear irrationally high and require substantial overhaul rather than mere tinkering.

How exactly did we get here, and how do we reduce pay of top earners to a reasonable level?

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Tony Hayward and those CEO myths

The exiting BP Chief Executive Tony Hayward has become rich as a time-serving employee, working his way up a huge corporation over three decades, profiting from the brand and infrastructure of a company that was created three years before he was born.

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Let entrepreneurs cut the deficit

For the first time since the emergence of Thatcherism 30 years ago, the fundamental shape of the British economy is up for grabs

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Why high pay is bad for capitalism

Too often, capitalism’s strongest supporters defend high executive pay, especially in the finance sector, in the belief that they are upholding the principles of the free market. This is a grave mistake.

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Why bankers aren’t Cristiano Ronaldo

Multimillion-dollar payments for bankers appeared inconceivable when the financial system teetered on the brink of meltdown little more than a year ago. But this month, Barclays announced that it would be paying bonuses to its staff of more than £2bn, while Royal Bank of Scotland will pay £1.3bn.

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“The war for talent” is first casualty of crisis

Edward Liddy, chief executive of AIG, warned last month that the insurer would be unable to “attract and retain the best and brightest talent” if the US government imposed curbs on executive pay.

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Should pay at bailed-out banks be capped?

After a short interval, high pay awards in financial institutions have returned to the headlines.

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