Executives with an income of more than €500,000 will no longer be eligible for bonuses which depend on their company’s share price as from next year, the Volkskrant reports on Wednesday.

A majority MPs voted in favour of a Labour plan which stops the paying of share-price related bonuses to top earners, a policy currently followed by companies such as KPN, the paper says.
Employers are strongly opposed to the plan, which they say will damage the Netherlands’ efforts to attract more international companies.
MPs are due to debate ways to control executive pay at state-owned companies and public sector institutions later on Wednesday, reports the paper.
Ministers have drawn up proposals which would limit pay levels in some sectors but give the market free reign in others. For example, educational institutions would not be able to pay directors more than the prime minister’s salary of €171,000, but energy firms would be allowed to offer executives the market rate.
Left-wing parties say healthcare institutions and housing corporations should also keep salaries down. According to Socialist Party research, some 40% of nursing home bosses earn more than the prime minister.

For a list of top public sector salaries, click here