TITLE

Bonuses were justified, says Remploy head

PUB. DATE
July 2009
SOURCE
People Management;7/16/2009, Vol. 15 Issue 15, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the defense made by Tim Matthews, chief executive of Remploy, on its reward policy after its bonus scheme was questioned in the British Parliament. Members of Parliament (MPs) criticized Remploy for paying 4.3 million British pounds in bonuses while it was losing money, closing factories and making redundancies. Matthews said that the bonus payments were old figures for the performance of staff in 2008 and were paid against defined performance criteria.
ACCESSION #
43741593

 

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