Insurance Post

Dutch insurers facing 20% bonus cap

bonus

The Dutch government is weighing measures on remuneration that could force insurers to limit bonuses to 20% of fixed salary for all employees.

The legislation will allow variable pay for 2014 to exceed the 20% cap, provided that such pay is based on contractual agreements entered into prior to 1 January 2015.

As from 1 January 2016 the 20%

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