Do you agree that CEOs should get these huge pay rises and bonuses making the pay gap between them and the staff even wider? I know this happened in the previous years but given the current financial and energy crisis there would be an outcry if figures like this are published.
I've heard this saying so many times lately 'the rich get richer and the poor get poorer'.
naomi24
//There is legislation for a minimum wage, why not for a maximum wage?//
/Because it negates incentive. Very few would make extra effort for no reward./
Extra effort for what? How many millions do you need to be ‘comfortable’?
Why the greed to make millions you could never possibly spend when life is finite?
As for reward, plenty are getting exorbitant sums for failure and mismanagement, as shown in the links provided.
Unless of course you have links of your own that show otherwise?
Lol, so no, you haven’t got any links? As expected.
What is required is sensible wages and a sharing of wealth with the workers who will then feel valued, instead of undervalued and expected to increase profits for poorer working standards and below-inflation wages.
It’s not difficult, though you obviously struggle with the concept.
I've no idea what sort of links you expect, fatticusinch. The simple fact is few will work harder or longer for no reward.... but I'm sure you know that.... really. ;o)
I just think that more can be done for those in the lower pay bracket and that these execs could at least think of others before accepting huge bonuses and rises. Moreso now than ever before.
I don't think it's about envy. I live comfortably on my income at present even though its just under the national average salary but many low income families are struggling. There just needs to be fairness.
OK, so if you took a million of 100 CEO's (others probably wouldnt have that much) and divided it amongst 27.76 million workers do you really think it would do much?
That's the point tho, it's not one person getting it all. They will have had the responsibility of directing a multi million pound company and making money for the shareholders.
The pay of some folks - company execs / TV personalities / etc. looks excessive but I comfort myself in the hope that about half of it comes back in taxes (am I wrong? I hope not).