Incompetance bonus: Bosses at collapsed Toys 'R' Us are set to be paid £10.5m

Toys ‘R’ Us bosses set for £10.5m in bonuses

Incompetance bonus: Bosses at collapsed Toys 'R' Us are set to be paid £10.5m

Incompetance bonus: Bosses at collapsed Toys ‘R’ Us are set to be paid £10.5m

Top bosses at Toys R Us are set to be paid £10.5million in bonuses despite the company going bankrupt and shutting a quarter of its UK stores.

A US judge has ruled that 17 executives can be handed the payouts if they meet performance targets of £410million in sales during the run-up to Christmas.

Toys R Us said it needed to offer bonuses to motivate them.

Toys R Us filed for bankruptcy in the US and Canada in September.

The decision to pay bonuses came despite the US bankruptcy watchdog saying Toy R Us bosses earned more than industry rivals.

Posted on; DailyMail>>

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