Only on the condition that his bonuses and other remuneration are taxed at 90%
Barclays boss urges UK ministers to limit public sector pay rises
Submitted 2 months ago by TheDwZ@lemmy.world to unitedkingdom@feddit.uk
Comments
wingsfortheirsmiles@feddit.uk 2 months ago
MonsterMonster@lemmy.world 2 months ago
Someone has to pay for his multimillion pay!
matelt@feddit.uk 2 months ago
Yes but you get what you pay for you greedy little piggy. The public sector is constantly asked to do more with less. The media is quick at decrying the pitiful pay increases but are equally quick at pointing the finger when something goes wrong, be it passports backlogs or flooding events. In other words, you pay peanuts, you get monkeys.
I should know, I’m a monkey.
mannycalavera@feddit.uk 2 months ago
Inflation only pay rises by default. Anything else needs to be proved on merit. That way you’re not “loosing money” as you keep up with inflation and the incentive is to improve your work output to gain more. This includes high and low earners.
florge@feddit.uk 2 months ago
Venkatakrishnan took home about £10.5m in 2024, I’m sure he’s the best person to comment on what the public sector spending should be.