We are seeing a winner-takes-all form of capitalism at the very top in Ireland
The gap between what the elite earns and the rest of us is causing a revolt
Over the past few weeks, the massive disparity between the salaries and bonuses of some of Ireland’s ‘fat cat’ bosses, and the wages paid to employees of the same firms has become a serious issue for shareholders, and rightly.
Last week, CRH experienced a shareholder revolt over pay. Forty per cent of shareholders voted against a new plan that could earn chief executive Albert Manifold an annual bonus of more than €8 million, up...
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