C&W bosses could get limitless bonuses

Cable & Wireless courted further controversy over executive pay today as it proposed scrapping the £20m cap on individual bonus payouts.

C&W bosses could get limitless bonuses
Wed, 06 Jun, 2007 - 17:49

Cable & Wireless courted further controversy over executive pay today as it proposed scrapping the £20m cap on individual bonus payouts.

The telecommunications company wants to axe the multi-million windfall maximum, effectively offering its 60 executives unlimited rewards in a bid to drive the group’s turnaround.

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