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Business Weekly brings you the best of the week's Business Daily programmes.

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Business Weekly Archive: Bonuses, bolt-holes and Babylonians

25/09/2009

Bonuses, bolt-holes and Babylonians

BBC World Service - Business Weekly Archive, Bonuses, bolt-holes and Babylonians

Why pay transparency can have untoward, unintended effects.

Business Weekly looks at pay transparency. It now seems to have become the conventional wisdom that the more transparent everything is, the better it is. But is it true?  Research has shown that more knowledge about what other companies pay can have untoward, unintended effects. It can, in fact, ratchet up everybody's earnings. Plus the programme looks at what has become of tax havens and at the world of Babylonian finance.

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