MP berates Sainsbury's boss after discovering CEO bonus is 200 times workers pay
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- เผยแพร่เมื่อ 27 มิ.ย. 2023
- An MP berated Sainsbury's food commercial director Rhian Bartlett after reading out the supermarket CEO's huge bonuses and annual salary.
Labour's Andy McDonald questioned how Sainsbury's can justify the money paid to Simon Roberts during a "grotesque" cost of living crisis.
"The chief executive - Mr Roberts - he's paid almost four million pounds in bonuses on top of his salary - I'd like to know how you justify that," he said.
"If you look at Mr Robers - £4.9 million. £408,000 a month, £94,000 a week, £2,298 an hour, and workers are paid £11 an hour. How is that justifiable?"
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It’s disgusting! Supermarkets are the only business that did well during covid and at the end covid the supermarkets double the prices of everything.
Its not though its beautiful capitalism its the government that are making this a issue the same people who control the banks
Profiteering and down right greed, those scoundrels have no shame
Sends a representative who knows nothing. These people are taking the proverbial.
Oh no, this is a standard tactic. She knows exactly who was paid and how much, and doubtless had a steering hand in it, but signing the actual paper falls to some disposable low-level office worker so that the executives can absolve themselves of all responsibility and chuck the office worker on their sword should they ever be questioned about it.
Sad thinking they take that much bonus but won’t give their staff a pay rise that matches inflation
@emsspacex such hard times that big corps are still profiting.
It's disgraceful.
They wont increase pay for employees or reduce the price of the goods they are selling but they did make a big deal about putting free tampons in the mens bathrooms recently.
Brilliant challenge!
Supermarkets are taking the customers to the cleaners with their obscene attitude.
I’ve been saying this for years, tie the CEO pay to a multiple of the lowest paid worker and you’ll see those low paid workers pay rocket
I would like to see that applied to all Premier division footballers and managers.
And what multiple of responsibilty does a cashier etc have compared to an CEO etc ? At the top decisions are made which affect the next few years of the entire billion £ plus organisation . They don’t work 40 hour weeks -an average ceo probably does 60+ . Have a think 🤔
@@serenityinside1a CEO doesn't work 60+ a week. Probably wouldn't survive a night shift.
The look on her face: zero Fs given.
Greed greed greed
Yep, and none of us would refuse such, if we had the chance!
I work for one of the top 4 supermarkets and it made 8.8 billion in operation profits in the first 12 weeks of this new financial year.
Why are there comments defending Sainsbury in this thread? How can a £4 million bonus be justified during a crisis?? WTF!?
Interesting responses from her. She could have tried to defend them but instead distanced herself.
Ah, she did, but also batted away any blame for setting those figures.
Boycott these greedy supermarkets!! Shop local if you can
local shops are more expensive ?
I will avoid Sainsbury’s from now on. Obscene wages for the CEO.
Sainsdburys not a good company to work for
I would also like to add that having lived abroad for a while and returned home recently and shopped in Sainsburys, it was dirty, the toilets - filthy, unhygienic shelving and refrigeration, the staff squabbling amongst themselves, clearly stressed and few tills open. Directors like him, all over, must be capped and trickle down the profits. Dare I mention oil companies... Times are tough. You must look after your customers, else they'll just go elsewhere, like I did
I live abroad and never plan on coming back.
Capitalism doesn’t involve the profit being distributed to the workers, it stays at the top unlike communism.
I honestly assumed they were all like that. I've had a local Sainsburys for 20 years and It's always been a dirty sh*thole with cardboard all over the floors because most of the fridge/freezers are leaking.
Sorry but the toilets abroad are just as bad.
They don’t care , the greed in this country is getting ridiculous , fickin scum .
This is just wrong. It can not be justified and is certainly not earned
Is £20m a year for the manager of Manchester City justified or earned ?
@@jjefferyworboys8138 neither !
@@jjefferyworboys8138 The difference is that Man City don't have hundreds of thousands of employees, and Pep is directly responsible for putting the team together the team that is vital to the success of the business, whereas the CEO of Sainsburys and the board of directors could be taken away and I bet that Sainsburys would still be able to operate without any major difficulties. Even so matchday staff like the stewards and waiters get about 23k a year for working a part time job that is for maybe 40 days a year, so they would get paid a lot more than a full time Sainsburys worker would.
Absolutely disgusting- we need strong regulation and anyone saying that will discourage business is one of them and against you
Really hope these supermarket fair pay disputes get sorted soon. About time these greedy bosses paid us a proper wage.
This MP should have the power to cap their salaries. They provided no answers, acting like school children who got caught doing some nasties, they should be punished. Unfortunately, we are in within the warm embrace of the “free market”, aka the dog eat dog free for all jungle.
I wonder if Andy McDonald MP is suffering in the Cost of Living Crisis? Probably puts another zero on his MP's expenses claim.
Why just supermarkets, Premier division footballers and managers should be made an example of.
I wonder how the food prices are still high… and how come there is profit made when people can’t buy stuff because the food prices is high
The problem is the bonus is attached to profits. What motivation does any CEO have to not increase prices? The structure of these companies is almost designed to drive inflation but the blame is always attached to the worker wanting more wages despite earning 200 times less.
"Does that not chime with any of you?" ............................. Err well that deafening silence must mean no!!
What a punishment - slightly berated by a quiet bald man for about a minute.
They justify it by saying they shoulder extra risks and responsibilities, but the moment any risks or responsibilities rear their heads, suddenly it's notning to do with them.
Ouch!! Hits them right in the eyes!
Happening across the UK. Public doesn't have the expenditure to keep the economy flowing. We are held captive by these companies with poor wages.
But don't worry as a staff member you get a £15 voucher at Christmas that makes it all worth it, and of course they can't pay for breaks because they would loose soo much money, that 20 minute break each day well that's £3.63, that would make the CEO broke in no time
they send numpties to frustrate the process and wind down the clock so no answers are given and the sleaze away from scrutiny and accountability. And the law allows this to happen. All of this is a complete wastes of time as they don't get held to account no matter how disgusting these people are
Hear what he says at the end "they would make football tickets cheaper if they paid the players less"
Supermarkets should be made a public service.
There should be a law, and it is not a ridiculous idea, that the highest paid person in a company's salary should be no more than, lets say, 15-20 times, the median salary of the employees of that company.
In particular for very large listed companies the CEOs don't even have to do much, just not f-ck it up, basically. There are fake ideas of liability and responsibility, but the worse that happens in the UK if a company breaks the law is usually the CEO gets fired and becomes a CEO somewhere else.
It is grotesque
There is no real valid reason for charging so much for food and groceries. Its well known thousands of tonnes of food is scrapped into the bin. There is no shortage of food so prices must be corrected down.
She knows it wrong too...
It's not called rip off Britain for nothing.!!!
I loved Sainsbury, s, My main shopping food outlet. After hearing this . No more.
I dont want to know why its justified in a cost off living crisis. I want to know why its justified full stop. The ratio of CEO to average pay has exploded since around the 80's. Why is this, I would expect with the technology we have now, AI etc the work of a CEO should be getting easier so how do they justify earning such rediculous amounts of money while the average worker has to fight just keep up with inflation.
What a greedy man ...
..
I work at Tesco and couldn't really care less if my CEO is making 2-3-4-5 billion a year. I saw the job role and the pay, I took it voluntarily, no point in crying over what others have, focus on yourselves....
It is proven that the greed is the cause of inflation. You might not care if they rob you. But many of us do. If more cared they wouldn't be getting away with it. What a stinking attitude. People can't afford to focus on themselves as they are too busy giving these greedy people their money. But as long as you are ok that's all that matters to the rest of us.
Ridiculous comment. Just worry about yourself and to hell with everyone else. What a disgusting world we live in nowadays. Selfishness and greed everywhere 🤮
I'm gonna call bullshit on that
@@brianmckee2267 what so I suddenly don’t have a job anymore 😂😂
Maybe that level of complacency is the reason they get away with it, do you not see the way this goes if it continues? I remember working at Tescos and finding out a CEO gets a million a year and I was absolutely disgusted.
It’s called sharing, most of us did it naturally as children without being told too…
Wait for the penny to drop 🧐
Unbelievable number of bootlickers in this comments section
I guess that's why he called Mr Robbers whoops sorry Mr Roberts
This sis the biggest problem in the world, I’m ok with my direct boss earn twice as me, then there boss earning twice he get, etc, but when the difference is 200 times the amount it’s just stupid.
Fair enough the top of the super markets get more money great but the bonuses are taking it a bit far ;
Why bonuses are common in so many businesses.
And so what? All this is a charade. What about MPs?
It's every company
That woman looked like some wind up toy.
Yes! This! Please Americans listen to this whole video
The real issue is companies care about one thing. Shareholders. Thats it.
If anyone remains the Kraft buyout of Cadburys, at first it looked like the CEO was holding out to protect a well loved and very historic British company. But at the end of they day, they sold out. And the CEO was actually honest. He admitted the only issue for him was to secure the best share price for the shareholders. Thats it. All the promises to save any factories in the uk meant nothing in his decision to sell.
Until companies are forced to apply equal weight to their customers, their workers, and their investors we will keep having these toothless select committees, income equality will continue sending us on a path straight back to the middle ages.
Nobody, and certainly not the CEO of a supermarket, deserves to earn 200 times what somebody else earns. It’s just ludicrous.
Who shop's at Sainsbury anyway nowadays. I believe it's close to collapse alongside M&S
The games loaded and not in our favour folks, i am also sick of hearing it being labelled as a cost of living crisis, its greed, its someone wanting their pound of flesh , no matter what the cost!
Typical toothless whining. Do something about it or don't bother bringing it up. These bosses think you're powerless to stop them and this meeting proves it.
How can the MP justify their wages
MPs should be paid more,and the expenses system abolished.
@@nearlyretired7005 MP's expenses cover a wide variety of things, the largest expense is staff costs.
An MP living and representing a northern constituency will spend more on travel to get to Westminster than one living in London.
Utter gread.
I'll tell you how it can be justified, It's because YOUR laws allow them to do it. Rather than sitting there asking stupid questions, on your own salary that's way higher than what you're worth. Why don't you do something about it
An MP gets considerably less than a CEO for Sainsbury's or Tesco
@@Davidjagoartist I'm not saying It's right CEO's get that much, and I said nothing about what an MP gets, or did any comparison between the two. So I'm not sure where you are going with that or how It's relevant? But either way that's besides the point. I'm just saying It's the MP's laws that allow them to do it... so they will. So why doesn't he do something about that, instead of hosting this meaningless pantomimic discussion that will amount to absolutely nothing changing, and is ultimately a complete waste of time, that by the way, the MP is being paid for.
@@Itskilo yeah fair point, I just saw the hourly rates some of them get for second jobs aswell which I was oblivious to
What’s the point of shopping or buying in to their businesses anymore !!! Same with anything, seeing this is what they do!!!!
Absolutely disgraceful
I wouldn't be taking a lecture from the movement about pay disparity's.
It doesn't need to be justified, a company can pay what ever it wants to whoever. Its not the Government's remit to question how a company pays itself. Don't like it don't use the company.
It's a lot of money but he employed 15 000 people. Nobody never talk about the salary of the footballer: .Cristiano Ronaldo (136 millions de dollars) ...
Lionel Messi (130 millions de dollars) ...
Kylian Mbappé (120 millions de dollars) ...
Lebron James (119,5 millions de dollars) ...
Canelo Alvarez (110 millions de dollars
they make working only Chinese people and themself. Just to play with a ball! Seriously!?
Their contracts are set and differently and don't take into accounts these things like pandemics, wars, inflation, so why should the CEO have any feelings towards it.. two separate things, also staff wise who are paid less aren't the CEO and I'm sure salaries are reflective of difference in responsibilities within a sustainable business model
What a ludicrous comment. And it's 'their', not 'there'
He is the CEO of a company..a supermarket chain. Super market chains are meant to sell food. They do sell it . . take your anger out on your local MPs. They are paid to deliver results. And they barely do
The rich get richer and the poor get poorer the good old tory way
"Oh hai i negotiate my bonuses with the board but i dont really get to justify my bonus to you because im not the one who pays my bonus to me "
Absolutely unwillingness to take accountability. You could always refuse to take your bonus. You could always demand the board direct your bonus to be distributed to the lowest wage employees to help them in this crisis. You could just take a modest amount and give the rest to the company.
But no. You chose to accept your bonus. You dont get to sit at the top then just act like youre just another employee
I agree 100% with the mp making the statement,, yes its obviously not right or fair , but there answer will be they have to pay that to get people like that in that position..ect..no they don't have to pay it.
Should we apply your logic to Premier Division footballers and managers ?
@jjefferyworboys8138 no . Why would you as its not the subject being discussed, but thanks for playing. 🤣
Don't worry, they upped the hourly rate to £12. Isn't capitalism just swell.
All those complaining are wasting there time. Shop somewhere else if you don’t want your money going into their pockets as profit
That's the point. Most of us have no choice but to shop at a few extremely large and powerful supermarkets
@@samanthaavery9339 I agree with you. We’re becoming a very small world with a few powerful corporations ruling over us
#disgusteng
Unfortunately is not just retail sector. All the big companies pay to their staff members the minimum wage and loads of money to higher positioned people
Yup. Even more so with head office roles too. All of the money is generated by the sales advisors etc but you have people in head office getting paid 50k plus to implement values and culture no one cares about 😂
Perhaps the worst offenders are Premier division footballers and managers compared to the ordinary people who work there.
Like tesco, third world brand.
The manager of Manchester City gets £20m a year, I bet this is more than 200 times as much as ordinary workers at the club get ?
what's your point?
I doubt that very much, if you include player salaries
It's not Sainsbury's or the individuals involved, it is our economic system that is at fault
Every supermarket who heard of the 25% inflation scare after the pandemic responded by increasing prices by 40-50%.
What about all the American companies not paying taxes yet making vast profits in the uk??
Killing the high streets and making a lot of independent businesses go bankrupt… What about Gas and petrol bosses getting put in front of parliament to answer questions??
Instead of taking vast donations from these companies and giving them free reign
lol well this is just a market economy in capitalism being described, no? For their CEO they want the best of the best with decades of experience. There's almost no one like that, so the handful of people who fit that bill can charge huge amounts. On the other hand almost any fit adult can work on the ground in a store, so they are not paid very well. Supply and demand. If you want more money you need rare skills.
or you just have to know the right people. It does not matter whether CEOs are more exceptional- no one is THATexceptional! There is no need to pay such ludicrous sums to anyone, particularly in times where people cant afford basics, including housing and bills, never mind shopping
Simple - it's called market forces. I wonder how MPs can justify an extortionate £86,000 per year plus expenses, nice pension, perks - all paid for by the taxpayer - when most MPs are utterly useless. Plus they all have benefits when outside of Politics riding off the back of being an MP (public speaking events, consultancy etc).
@duncanarrow - Agreed - how can MP's question the 'morality' of the CEO's wages when it wasn't that long ago they were claiming expenses for moat cleaning!😈😈😈
Kettle calling the pot black methinks..............
Market Forces? Deciding on bonuses? What a ridiculous, parroted comment. Put simply, as you say, the market does not force CEOs to extract ludicrous bonuses 🙄
Whataboutism is boring
@@samanthaavery9339 and who is above the CEO? That's right, the Board of Directors who recommend remuneration, headed by the Chairman. And in Public Limited companies, remuneration is normally then approved by the shareholders too (anyone with a pension could be a shareholder of a company - not just "greedy fat cats"). But all of this doesn't fit with your simplistic narrative right?
@@samanthaavery9339 - Methinks you have bitten off more than you can chew....notice you make no comment re MP's - and @duncanarow has shot you down...
Only an MP looking for a slice of the pie for themselves can ask such an ignorant question, people already paying the highest taxes due to politicians are gonna fall right in and help him spread more communist/socialist ideology.
CEO’s are not bosses
Pot and kettle, pal! Same thing to MP's. Public sector could be paid enough if MP's and Ministers took a massive pay cut. Most civil servants get paid less than £30k a year. Versus over £86k for an MP, and over £100k for a Minister. Or more than double and triple, disrespectfully.
We’re not too fussed on businessmen making millions tbf, they are shareholders and that’s what happens, we are more annoyed that MPs can have a second home paid for, they can claim ridiculous amounts in claims for food, they get £300 a day for just clocking in for 30 seconds at Westminster they don’t even have to sit in for the days meetings on top of there normal wages. They throw away billions of pounds in dodgy contracts to their mates. 4m is a drop in the ocean compared to how much they threw away during Covid
@danielhendry8376 - Have you no sense of proportion? The comparison here is with the wages of employees and also the effects of the cost of living increases on customers. Why should a senior grocer get paid £5m for servicing one of the safest businesses in the world - groceries? And why won't this government stand up and ensure that food basics have their prices capped? 'We're not too fussed' you say 'at what businessmen earn'. Speak for yourself as you have no proof that the majority of the population don't care about ludicrous pay, which is just institutionalsided greed.
Kinda confused as to how an MP can question anybody about pay?
They get considerably less than that, and aren't these the questions you would want an MP to ask?
@@Davidjagoartist considerably less, but more than they deserve? especially with unwarranted 'bonuses'
@@Davidjagoartistnah want our MPs to do their job in ensuring we have frameworks in society so that every citizen is afforded the very basics of human life. That we have a progressive tax system and then get the hell out of individuals and private companies day to day life and let people freely trade and make as much money as they want.
British MP's are not particularly highly paid,it's because the British public are relatively low paid.
The average person is not particularly bright,and cannot be high achievers
We have to accept that generally in a capitalist system there will always be a rich ruling class.
If Labour win the next General Election nothing will change.
We must all just try our best.
Moaning gets you nowhere.
@@nearlyretired7005
It’s called capitalism. Wether we like it or not I’d rather that than communism.
Has anyone complained about the £20m a year the manager of Manchester City is paid ?
What does a cost of living crisis have to do with a private company's finances? Businesses are there to make money not make moral choices. people don't have to go to Sainsburys food is not a captive market. if i had a company that made so many million I would want so much of a percentage as a reward, the more money they make the bigger the bonus.
Let’s not fall for politicians’ tricks to blame, in this case, Sainsbury’s CEO as a scapegoat. It’s a private company and market should define his salary/bonus, not government.
Dont speak for me. I absolutely do expect a public servant to hold a private business to account. Those scale of businesses do consult with and influence political and socio economic choices because of their sheer might and as consumers we are pretty much forced to use them, much as we are with energy suppliers. Most of us cant source our own food and energy and small suppliers of essentials have been all but forced out of the market so that they either die or can only rely on wealthier people who can afford them. What aboutism is another issue.
FFS it’s a private company you do t have to shop there - a CEO is a high paying position and everyone should aspire to be one or get as high up as they can not moan about their pay
The man is responsible for the livelihoods of 170,000 people. I don't think him earning 200 times more is that outrageous.
Is he really responsible for 170,000 people though? I think we put too much value on what CEOs actually do. Where are the bonuses for the workers that ensure we can actually buy the food.
spot on
@@seanriordan6726what a foolish comment - a shite CEO destroys business’ and puts the workers on the dole - it’s a high paying job for a reason and it’s also a very competitive market - you don’t have to shop there and he knows that
Are you trying to compare the average person who packs tracksuits in a warehouse to a CEO running a company employing 1000s of people? Ok jealousy is going to override any common sense and no one is worth £4m per year but there has to be a hierarchy or we might as well go back to subsistence living!
This is the fundamental problem with the public, comparing the wages of a company CEO to a shelf stacker lol. The government should regulate food prices, and not the opposition pointlessly berating a company that makes profit. Wake up, this is capitalism.
'This is capitalism'...and it's horrible
Nobody is expecting a shop floor worker to earn what a CEO does. But in times of crisis, when people cant afford basics despite working for a living, there is such a thing as balance. The point being made is that lowest wages can be raised, the money is there. The business would not run without the shop floor staff. Nobody needs those kind of obscene year on year payouts. Nobody.
If the CEO of a large company does well, they get paid handsome bonuses. Been that way since I can remember, hasn't it? None of the government's business how much the CEO makes so long as they get taxes owed by said company.
Totally agree!
But if the CEO gets bonuses but the workers don't. So prices go up and they get more money
I think it is very much the government's business to enquire about how companies, within their country, are run, especially while a large proportion of the electorate are struggling to put food on the table..... with many of them having to rely on charity to do so I.e. food banks
the CEO gets bonuses related to the success of the company yet the workers, drivers, checkout operatives, cleaners, etc..who contribute directly to the success of the company DO NOT get the equivalent bonuses?...
@@nathanwilson3737 Do workers at Premier Division football clubs get bonuses ?
As a working man, I do not see how this is the Governments business! We live in a capitalist state; businesses are encouraged to create work for its citizens; they can do this by making profit and have a right to pay their CEO whatever she or he agrees to, and the rewards and bonuses for meeting said requirements in his or her position! What is agreed in a contract is between the CEO and the company! No one is forced to work for a given salary; you either agree to it or not! As for greed, WTF, we are all wanting more! KUDOS to those that get it!
Totally agree with you.
It's the same as bankers,they can pay themselves whatever they like it doesn't cost the taxpayer anything.
Unfortunately, there are a lot of people on here who think with their heart and and their brain!
People are bitter and jelious because they are not well paid.
Good luck to weathly people.
I'm sure the bankers did cost the taxpayer🤔 Didn't the taxpayer bail out the banks in 2008 🤔
@nearlyretired7005 Were you using your heart there, because your brain should have caught the fact you didn't type what you thought you did.
And FYI, jealous doesn't have an "I" in it either.
Just over paid MPs moaning that a CEO makes more money than them - we all have TESCO shares in our pension and enjoy the dividends - do we think we should invest in companies not making a profit FFS
@@nearlyretired7005 Yeah and then the goverment bails out banks during an economic crisis, e.g. housing crisis in the US, but I thought the banks were private companies that take on both profit and risk? Oh wait..
What do we think the CEO of Sainsburys should be paid? Given that there are around 1400 shops , turnover is around 30 billion pounds and he directly employs 170,000 people he should probably ask for more.
Lol no. Not unless he accepts an extra 25% pay rise for all his workers.
His entire salary should be capped at 200k a year. Who needs more than that? No one. Absolutely no one. Even if taxed at 60%, he'd still be making a hell load.
I agree, how many people does the Manager of Manchester City employ for his £20m a year ?
@@louisharper3955 Great lets do the same for the Premier Division too !
Try working in a supermarket. Corporate greed has made the retail sector unbearable to work in. There's no job security, bonuses gone, weekend premiums gone, paid breaks gone...if you're needed to work different shifts you've got no rights to keeping the ones you've been doing for years, usdaw union are as much use as a chocolate fireguard. It's horrible working in a supermarket. I'm only there as yet again the company I'm working for want to move my job over to Nightshift. If there's a chance of a redundancy I'm hanging around for it.
This reminds me of the pathetic attempt at challenging the "Gender Pay Gap" which was broadly proven to be twaddle.
Why are we comparing the remuneration of CEOs and Directors who have immense amounts of responsibility and pressure, to those who have little to no responsibility other than ensuring the tins are on the shelf and customers are served. It's a ridiculous comparison. It would be like scrutinising the pay of an MP and comparing it to that of the allowance provided to someone who is unemployed. It's not apples for apples.
So... In a crisis such as this, when people simply weren't paid a bonus anymore, people such as myself... How do you justify a bonus of £4 M. to a single individual.. ? I would suggest that the difficulty level of work for a CEO is heavily assisted by delegation, therefore, time out for golf etc. is perfectly O.K. when the non-bonused underlings are carrying the bulk of whatever "work" the great man is supposed to be doing. You and I both know that life for a fellow such as this is an absolute walk in the park. Pressure and responsibility comes with many jobs. As an engineer in the aerospace industry of 45 years, I'm quite sure about the pressures and responsibilities of my own job, but, no bonus for me because the climate is poor.....no bonus for many years now. Seems like our bonus scheme was scrapped to ensure the survival of thier own. So... you are right... It's not apples for apples... it's porcine snuffling of caviar while the pig swill is passed down the line.
@@legacyofpop All I say to those who think these people have an "easy" life and are playing golf at 2pm on a Friday is - try and do their job for 12 months. In fact, try and get an interview to do their job. You wouldn't get anywhere near. They're MVPs. This CEO is overseeing the running of a multi BILLION pound organisation. The remuneration is a drop in the ocean compared to the profits it generates and the staff it employs. 170,000 staff - that equates to £23 bonus per member of staff or a thousandth of a percent of revenue achieved. The bonus is actually tiny relative to the behemoth overseen.
@@ednash3571 How many of your employees get a bonus... for the work that they do... you know.. the ones that you get a bonus for, simply because they exist. I'm an old fella, I've been around the block many times. I really have seen them come and go. Funny how you guys are recieving a bonus on top of a mammoth salary, while workers are told that the bonus scheme had to go because of climate, or some bee ess. I bet you have particular days and times of the week when everyone knows you wont be available.... I bet your expense account alone would dwarf many of your employees salary or wages. You would say that you are called upon 24/7 so you are always on duty.... Look...I didn't post comment to insult you personally... Since the advent of "professional managers" back in the eighties, I have seen the results of this...frankly, de- skilling of "management personnel". All of the CEO's that I have had to endure have been brilliant at inventing ways of shifting responsibility down hill. Think nothing of lining thier own pockets, Do not posses the skills or the qualifications, really, to hold a candle to the hardest of workers within the company...and wouldn't "lower" themselves to even attempt it. I trained for seven years to become qualified to work on the kind of stuff that keeps everyone flying... safely... but I am and have been commited enough to keep honing my skills to remain at the highest level. But...no bonus...no inflation matching pay deals... and a salary that has been eroded so badly over the years that I now, at 62 years of age, regret my entire working life. I worked hard...like you would neither believe or wish to replicate. I've been the victim of all the de-moralising "cost cutting" exercises that only seem to affect people like myself. CEO'S do not work HARD. I have known a couple of guys that managed to secure those positions...and the best that I can say about them is that they have a masters in Bee Ess, and most of what they are about can be found up thier own backside.
Because they aren't needed and the whole company could run without them, and everyone working for them would be better off? Waiting for an explanation on how them being there would be better for everyone working for them?
@@joshuagonsalves3904 So... What's your angle then ? Your comment suggests that you are a CEO....
We should have government owned non profit supermarkets, insurance ,petrol stations, and energy
#windfalltax #supermarketwindfalltax