Comment on Water Boss Handed £270k Bonus Despite Parasite Outbreak

• tenebrisnox@feddit.uk ⁨11⁩ ⁨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.

  source

  • Gladaed@feddit.org ⁨11⁩ ⁨hours⁩ ago

    10% of your wage being base pay is absolutely a low percentage. Example: ipcconsultants.com/…/global-ceo-compensation-tren…

    source

    • tenebrisnox@feddit.uk ⁨9⁩ ⁨hours⁩ ago

      Can you explain how that works for the least paid water CEO who earns £440k + bonus? Or the highest paid who receives £3.3 million + bonus?

      I think I understand that you’re making some sort of abstract, generalised point about CEO pay - but can you explain how that applies here to the pay of water fat cats?

      source

      • Gladaed@feddit.org ⁨7⁩ ⁨hours⁩ ago

        This applies here due to the phrasing of the headline - the headline implies that the CEO got rewarded for doing a bad job based on being paid a “big” bonus. But their pay structure is structured in a way where this is a usual and expected part of their pay.

        This isn’t really about what water company CEOs are paid but journalists using CEO pay structure for an outrage inducing headline.

        source