Employment Law This Week (Episode 36: Week of August 1, 2016) has released bonus footage of its interview with Gretchen Harders, a Member of the Firm at Epstein Becker Green.
As Ms. Harders discusses, the U.S. Chamber of Commerce has claimed that a new executive incentive pay rule could stunt economic growth. The proposed rule lays out a tiering system for regulating bonus pay for bank executives and other employees in the financial sector. The Chamber’s 26-page letter argues that the rule could deter the best minds from entering the financial sector and discourage economic growth and job creation. The FDIC has said that the letter will be taken into account during the review process.