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Fatcat Wednesday |
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#1 |
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Forum Member
Join Date: Nov 2002
Posts: 76,808
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Fatcat Wednesday
Yeah ......it's Fatcat Wednesday
Around midday on January 4th is the point in the year at which the average FTSE 100 boss will have earned what his average member of staff will earn during the whole year It's a new one on me ! I think we should have a day off ! |
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#2 |
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Forum Member
Join Date: Dec 2008
Location: Dewsbury, England
Posts: 8,684
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I think workers should demand that private companies which at people at the top more than five times the minimum wage pay people at the bottom a fifth of what those at the very top earn in salaries, bonuses, and other financial rewards.
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#3 |
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Forum Member
Join Date: Oct 2012
Posts: 7,702
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Quote:
I think workers should demand that private companies which at people at the top more than five times the minimum wage pay people at the bottom a fifth of what those at the very top earn in salaries, bonuses, and other financial rewards.
To get into the FTSE 100, a company must have a substantial market value and the CEO is often a contributory factor in this, hence them being paid a substantial salary. There are very few people who could run a FTSE100 company whereas there is an unlimited number of 'drones' who do the grunt work, so salaries should reflect that. |
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#4 |
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Forum Member
Join Date: Jun 2016
Posts: 2,550
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Quote:
I think workers should demand that private companies which at people at the top more than five times the minimum wage pay people at the bottom a fifth of what those at the very top earn in salaries, bonuses, and other financial rewards.
![]() ![]() (Sign me up - I'll clean the bogs for that)
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#5 |
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Forum Member
Join Date: Aug 2010
Location: The Pit of Despair
Posts: 50,147
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Quote:
So a FTSE 100 company that pays its CEO £5m a year has to pay the cleaner £1m a year?
![]() ![]() (Sign me up - I'll clean the bogs for that)
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#6 |
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Forum Member
Join Date: May 2012
Posts: 6,869
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Quote:
*raises hand* - I'm in
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#7 |
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Forum Member
Join Date: May 2012
Posts: 21,729
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Pretty pointless really. I doubt many of us could run a FTSE 100 business.
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#8 |
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Forum Member
Join Date: May 2012
Posts: 6,869
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Quote:
Pretty pointless really. I doubt many of us could run a FTSE 100 business.
You just have to smoke cigars and count your bonus. There's nothing to it. |
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