Comment on Water Boss Handed £270k Bonus Despite Parasite Outbreak
tenebrisnox@feddit.uk 12 hours agoWhere are any of them doing a “perfect job”? It would be good for you to present some factual evidence - bearing in mind it’s a lack if facts you berate in others who are rightly outraged by CEOs’ salaries.
The base pay of the CEOs of the 25 water companies range from lowest Ruth Jefferson (Wessex) on £440k to highest Liv Garfield (Severn) on £3.3 million. From what I can see there’s no relationship between pay and the size or operational situation of the company. So those “low base pay” you claim are nothing of the sort. Many now have their bonuses rightly paused. Here’s your outrage WITH factual basis.
Gladaed@feddit.org 11 hours ago
I didn’t claim that they were doing a perfect job. My criticism is on the phrasing of the headline and how CEO pay consists of a base pay and bonus with the bonus being large.
This means even a middling performance would expect a bonus payment.
This is independent of the amount of basepay. I didn’t claim they were poor or underpaid. I only claimed that their wage structure enables polarizing headlines independent of facts.
tenebrisnox@feddit.uk 10 hours ago
You said:
In this case it’s untrue. Not sure what your salary’s like but for 99% of the country, £440k is not a “low base pay”. By quibbling about the headline you try to distract from the grotesque nature of the way the water companies function.
Gladaed@feddit.org 10 hours ago
I SAID RATIO. I never said their base pay wasn’t a living wage. You even quote me correctly and still interpret it your way.
tenebrisnox@feddit.uk 9 hours ago
Nothing to do with interpretation. Their base pay isn’t low (even as a ratio). You’ve not offered any evidence about the wage to bonus ratio (lack of evidence being your original gripe) You’re either willfully ideologically ignorant or disingenuous. I would guess from seeing other posts that it’s the latter.