SIR – For many years the CBI has defended the hikes in boardroom salaries and bonuses by insisting such things are necessary to attract and retain the best.
One assumes that new directors and chief executives are taken on on the understanding that they will do their best, bringing all their experience to bear, and this is reflected in the high salaries they are offered.
Why then do they need the additional incentives offered by generous bonuses?
One wonders why the same rationale is not applied to those on the shop and factory floor, where anxiety over the possibility of redundancy and pay freezes is common, but nobody has to wrestle with their conscience over whether or not to accept million pound share options?
After all, do hospitals not want to attract and retain the best and most conscientious cleaners and nurses? Do factories not want to attract and retain the most productive workers?
WILL RICHARDS
Malvern
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