• ᴇᴍᴘᴇʀᴏʀ 帝A
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    2 months ago

    The extra awards are part of a short-term “executive incentive plan”, a cash award that can be collected after a year and is calculated based on measures that include profits, customer service and environmental performance.

    FTFY

    A spokesperson said directors were on track to receive 61% of their maximum bonus but that it had reduced this to 42% to reflect environmental performance “not being where we want it to be”.

    That’s just creative accounting - “my bonus would be a billion quid but I performed so badly I am only awarding myself 1% of that”.