View Poll Results: How much do you think it is 'obscene' to earn an individual
£50,000
6
19.35%
£100,000
5
16.13%
£200,000
2
6.45%
£300,000
0
0%
£400,000
0
0%
£500,000
2
6.45%
£750,000
3
9.68%
£1,000,000
2
6.45%
£5,000,000
2
6.45%
£50,000,000
9
29.03%
Voters: 31. You may not vote on this poll
It's bonus time!! How much is obscene?
01 February 2012, 04:27 PM
#61
Scooby Regular
If it's blindingly obvious that someone has made the money for an organisation, nothing is obscene. It would be relative to the amount of money in question, and a matter for discussion/negotiation between the owners, the management, and the employee(s) in question
01 February 2012, 04:32 PM
#62
Scooby Regular
Join Date: Mar 2010
Posts: 10,329
Likes: 0
Received 0 Likes
on
0 Posts
It would be better if shareholders were to see to that rather than government, but it seems so many shares are held by institutions and they have no interest for whatever reason? There is a big alienation of capital owning from capital managing like I said before. This cannot be good for an efficient market to work.
01 February 2012, 04:39 PM
#63
Scooby Regular
Thread Starter
iTrader: (1)
Join Date: Jan 1999
Location: UK
Posts: 15,271
Likes: 0
Received 0 Likes
on
0 Posts
but Trout, that statement just does not stand, if it did Fred Goodwin would still be in a job
the Financial crises was a massive failure of corporate governance
if corporate governance allowed RBS to buy ANB, in a multi billion dollar buyout, on the strength of a 15 page A4 ringbinder of information (and that was not just a one off failure)
then I am sure such weighty matters of CEO pay where pretty much rubber stamped
the Financial crises was a massive failure of corporate governance
if corporate governance allowed RBS to buy ANB, in a multi billion dollar buyout, on the strength of a 15 page A4 ringbinder of information (and that was not just a one off failure)
then I am sure such weighty matters of CEO pay where pretty much rubber stamped
I also completely disagree with your comment based on experience.
I am reminded of a great story where a local council were presented with a multi-hundred million complex planning approval. The documents were complex and huge. In a three hour meeting they spent five minutes on the planning approval and then spent the rest of the three hours discussing expense policy.
Stuff they relate to and have a personal stake in gets a lot of attention.
As usual you are being the provocateur - enjoy
01 February 2012, 05:13 PM
#66
Scooby Regular
the council story does not absolve bankers doing due diligence
I am we aware people rarely read what is put in front of them
ps you have a typo on your website
I am we aware people rarely read what is put in front of them
ps you have a typo on your website
01 February 2012, 05:45 PM
#67
Scooby Regular
Join Date: Jul 2003
Location: Cas Vegas
Posts: 60,269
Likes: 0
Received 0 Likes
on
0 Posts
01 February 2012, 05:48 PM
#68
Scooby Regular
Join Date: Jun 2005
Location: Home
Posts: 14,758
Likes: 0
Received 0 Likes
on
0 Posts
02 February 2012, 12:45 PM
#71
Scooby Regular
Join Date: Aug 2002
Posts: 39,877
Likes: 0
Received 0 Likes
on
0 Posts
Les
02 February 2012, 05:33 PM
#72
Scooby Regular
Join Date: Oct 2003
Location: Runway two seven right.
Posts: 6,652
Likes: 0
Received 0 Likes
on
0 Posts
I happy for the CEO of any company to get a bonus of 200% of their salary if that company improves it's performance. As long as the same is applied to each and every employee of that company.
Thread
Thread Starter
Forum
Replies
Last Post
Mattybr5@MB Developments
Full Cars Breaking For Spares
28
28 December 2015 11:07 PM