Former bank executives receive massive golden parachute

Criticism of illegal loans and shady stock policies being carried out at Danske Andelskassers Bank have apparently not stopped the bank from paying huge pensions to two of its former directors over the past ten years. Accounts show that former director Vagn Raun is being paid 180,000 kroner each month while Bent Jakobsen must get by on just 110,000 kroner monthly. The amounts add up to two-thirds of the men’s final salaries, and adjust according to wage changes that occur in the banking sector, thus avoiding the pensions being eroded by inflation. – Jyllands-Posten

TOP STORIES

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Sign up here

Career

  • How internationals can benefit from joining trade unions

    How internationals can benefit from joining trade unions

    Being part of a trade union is a long-established norm for Danes. But many internationals do not join unions – instead enduring workers’ rights violations. Find out how joining a union could benefit you, and how to go about it.

  • Internationals in Denmark rarely join a trade union

    Internationals in Denmark rarely join a trade union

    Internationals are overrepresented in the lowest-paid fields of agriculture, transport, cleaning, hotels and restaurants, and construction – industries that classically lack collective agreements. A new analysis from the Workers’ Union’s Business Council suggests that internationals rarely join trade unions – but if they did, it would generate better industry standards.

  • Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    The numbers are especially striking amongst the 3,477 business and economics students polled, of whom 31 percent elected Novo Nordisk as their favorite, compared with 20 percent last year.

Want to advertise your job with CPH Post?

Contact us

Jobs