03 June 2014
The recent inquiry into pay in the voluntary sector highlights the need to increase public understanding
The debate about senior reward levels in financial services, which has been ongoing since 2008, may have been listened to with a degree of schadenfreude by some in the voluntary sector.
February’s announcement that profits at Barclays had fallen by nearly a third while bonuses had risen by 10% silenced expectations about reforming rewards at the bank. It seems that Antony Jenkins, who was brought in as Barclays’ palate cleanser after Bob Diamond, has seen his mission to clean up public...