It enabled him to create and remunerate adequately a capable official class, which proved its efficiency under the strictest supervision, and ultimately produced a whole series of great statesmen and admirals like Johan Friis, Peder Oxe, Herluf Trolle and Peder Skram.
His oceanographical work, however, received recognition in all parts of the civilized world, and in 1855 it was proposed in the senate to remunerate him, but in the same year the Naval Retiring Board, erected under an act to promote the efficiency of the navy, placed him on the retired list.
The BCC believes employers should fairly remunerate their employees.
It will also appoint, appraise and remunerate senior executives.