Also, the impending retirement of the leading edge of the baby-boom generation, and an apparent leveling out of women's participation rate in the workforce, which had risen for several decades, will likely restrain the growth of the labor force in coming years.
If shareholders agree, this can be increased to 200%. Furthermore, banks have to establish a remuneration committee and meet several new disclosure requirements on remuneration. Nevertheless, we certainly have to be wary of regulatory arbitrage and unintended consequences. Capping the variable components of remuneration has led banks to increase the fixed components.