Comment on Water Boss Handed £270k Bonus Despite Parasite Outbreak
Gladaed@feddit.org 10 hours agoI 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 8 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 8 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 7 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.
Gladaed@feddit.org 7 hours ago
10% of your wage being base pay is absolutely a low percentage. Example: ipcconsultants.com/…/global-ceo-compensation-tren…