| 1 | It does not matter how people judge this system of remuneration from a more or less biassed point of view. | |
| 2 | "Pay matters not just because people need a paycheck, but because pay is a point of perceived fairness, " she says. | |
| 3 | The manager creates a team out of his people, through decisions on pay, placement, promotion, and through his communications with the team. | |
| 4 | If this happens to you, or happens to other people in the company who are at your pay grade, this should set off some warning bells. | |
| 5 | "I sometimes think that remuneration committees and senior investment banking executives need to be reminded of this reality before they disgorge huge bonuses, " he said. |