Comment on Water Boss Handed £270k Bonus Despite Parasite Outbreak
tenebrisnox@feddit.uk 11 hours agoNothing 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 11 hours ago
10% of your wage being base pay is absolutely a low percentage. Example: ipcconsultants.com/…/global-ceo-compensation-tren…
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?
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.