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.
Statistics are shown for this demographic
State
Response rates from 2.2k Nordrhein-Westfalen voters.
70% Yes |
30% No |
54% Yes |
21% No |
7% Yes, and lower the cap to 20% |
9% No, any worker should be rewarded based on their success |
5% Yes, and lower the cap to 50% |
|
4% Yes, and nationalise the banks |
Trend of support over time for each answer from 2.2k Nordrhein-Westfalen voters.
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Trend of how important this issue is for 2.2k Nordrhein-Westfalen voters.
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Unique answers from Nordrhein-Westfalen voters whose views went beyond the provided options.
@9DLJ5FC1yr1Y
Yes, but nationalize the banks and the financial system.
@8LSW2WV4yrs4Y
No, never regulate the successful
@9CHQZGM1yr1Y
Yes, and lower the cap to 50% while nationalising the banks.
@8Z7H68Q3yrs3Y
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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