{"id":1747,"date":"2012-02-20T12:13:00","date_gmt":"2012-02-20T11:13:00","guid":{"rendered":"https:\/\/costadelsol.st\/en\/okategoriserade\/the-government-set-the-limit-for-executive-pay\/"},"modified":"2014-02-20T17:38:53","modified_gmt":"2014-02-20T16:38:53","slug":"the-government-set-the-limit-for-executive-pay","status":"publish","type":"post","link":"https:\/\/costadelsol.st\/en\/news-en\/the-government-set-the-limit-for-executive-pay\/","title":{"rendered":"The government set the limit for executive pay"},"content":{"rendered":"<div class='teaser'>The Spanish government&nbsp;remains&nbsp;in&nbsp;tightening&nbsp;and&nbsp;cut back on&nbsp;executive pay.<\/div>\n<p>Last week&nbsp;came&nbsp;a decision on a&nbsp;maximum&nbsp;salary&nbsp;for&nbsp;bank executives&nbsp;at banks&nbsp;that receive&nbsp;state aid.&nbsp;Today&nbsp;it was announced that&nbsp;executives of&nbsp;the largest&nbsp;publicly owned companies&nbsp;may have no more&nbsp;than&nbsp;EUR 105 000&nbsp;in&nbsp;salary.&nbsp;The corresponding&nbsp;wages&nbsp;for&nbsp;medium-sized enterprises&nbsp;has been set at&nbsp;EUR 80 000 and&nbsp;for smaller companies&nbsp;to&nbsp;55 000.&nbsp;Initial&nbsp;estimates&nbsp;say that the&nbsp;head of&nbsp;salaries in&nbsp;public companies, on average,&nbsp;will be reduced by&nbsp;between 25 and&nbsp;30%.<\/p>\n<div class='cds_author'>stefan@costadelsol.st<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Spanish government&nbsp;remains&nbsp;in&nbsp;tightening&nbsp;and&nbsp;cut back on&nbsp;executive pay. Last week&nbsp;came&nbsp;a decision on a&nbsp;maximum&nbsp;salary&nbsp;for&nbsp;bank executives&nbsp;at banks&nbsp;that receive&nbsp;state aid.&nbsp;Today&nbsp;it was announced that&nbsp;executives of&nbsp;the largest&nbsp;publicly owned companies&nbsp;may have no more&nbsp;than&nbsp;EUR 105 000&nbsp;in&nbsp;salary.&nbsp;The corresponding&nbsp;wages&nbsp;for&nbsp;medium-sized enterprises&nbsp;has been set at&nbsp;EUR 80 000 and&nbsp;for smaller companies&nbsp;to&nbsp;55 000.&nbsp;Initial&nbsp;estimates&nbsp;say that the&nbsp;head of&nbsp;salaries in&nbsp;public companies, on average,&nbsp;will be reduced by&nbsp;between 25 and&nbsp;30%. stefan@costadelsol.st<\/p>\n","protected":false},"author":5,"featured_media":1748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[132],"tags":[2206,2207,2208,449],"class_list":["post-1747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-crisis-0","tag-financial-1","tag-financial-crisis-2","tag-spain-3"],"_links":{"self":[{"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/posts\/1747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/comments?post=1747"}],"version-history":[{"count":0,"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/posts\/1747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/media\/1748"}],"wp:attachment":[{"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/media?parent=1747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/categories?post=1747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/costadelsol.st\/en\/wp-json\/wp\/v2\/tags?post=1747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}