In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. In Germany 4 of the 15 major banks have instituted caps. Several banks avoided the cap by classifying manager as non-risk takers. Of the 87 bank managers in Germany that earned bonuses of more than 1 million euros ($1.37 million) in 2012, only 40 had been identified as being risk-takers. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers' pay will push up non-bonus pay and cause bank's costs to rise.
69% Yes |
31% No |
55% Yes |
23% No |
6% Yes, and lower the cap to 20% |
8% No, any worker should be rewarded based on their success |
4% Yes, and lower the cap to 50% |
|
3% Yes, and nationalise the banks |
See how support for each position on “Bonus Cap” has changed over time for 6.5k Germany voters.
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See how importance of “Bonus Cap” has changed over time for 6.5k Germany voters.
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Unique answers from Germany users whose views extended beyond the provided choices.
@9DLJ5FC8mos8MO
Yes, but nationalize the banks and the financial system.
@9CHQZGM10mos10MO
Yes, and lower the cap to 50% while nationalising the banks.
@8Z7H68Q2yrs2Y
They should not receive bonuses, they get enough already
@8V7GCQD3yrs3Y
Bankers should not receive any bonuses
@8V6XYSB3yrs3Y
No, you keep what you earn
@8CM6DHC4yrs4Y
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