I assume these bosses will be told that they cannot possibly expect higher salaries due to the inflationary pressure it puts on the economy? I mean that is what the rest of us have been told…
Tell them to earn it, then. Pull themselves up by those bootstraps they’re always telling us plebes to use.
Maybe if they stopped buying avacado toast and subscribing to Netflix they wouldn’t need it.
To be honest, if they all leave for US firms, what’s the problem?
It’s not like these bosses are competent, take any responsibility when shit hits the fan or have any correlation between pay and success.
These leeches should be the last in line for any pay rises. Lets start by bumping all professional salaries below the board up to that on offer in the US.
Imagine complaining about pay when you’re already a damn millionaire, these people are sick with greed.
I really don’t care what the rich are payed as long as they are taxed properly (which they aren’t). It is insane that they are paying lower effective rates than the average person. We also need wealth taxes.
It’s worth noting that the article does a horrible job at comparisons.
Yes, Pascal Soriot earns less than Sundar Pichai. But rather than being the consequence of the UK “paying their CEOs too little”, it is probably due to AstraZeneca having about 10% of Alphabets market capitalisation; once that is factored in, Pascal earns a pretty disproportionately big salary (which is also why his salary has been controversial for many years now).
Lol. The entire UK stock market’s market cap just about edges out that of Apple. The UK is a poor country masquerading as a rich country. It’s no wonder everyone from top to bottom is paid less. The UK’s average wage is equivalent to that of the second poorest American state…
9 comments
I assume these bosses will be told that they cannot possibly expect higher salaries due to the inflationary pressure it puts on the economy? I mean that is what the rest of us have been told…
Tell them to earn it, then. Pull themselves up by those bootstraps they’re always telling us plebes to use.
Maybe if they stopped buying avacado toast and subscribing to Netflix they wouldn’t need it.
Just leaving this here: https://www.wsj.com/articles/ceo-pay-and-performance-dont-match-up-1526299200
To be honest, if they all leave for US firms, what’s the problem?
It’s not like these bosses are competent, take any responsibility when shit hits the fan or have any correlation between pay and success.
These leeches should be the last in line for any pay rises. Lets start by bumping all professional salaries below the board up to that on offer in the US.
Imagine complaining about pay when you’re already a damn millionaire, these people are sick with greed.
I really don’t care what the rich are payed as long as they are taxed properly (which they aren’t). It is insane that they are paying lower effective rates than the average person. We also need wealth taxes.
It’s worth noting that the article does a horrible job at comparisons.
Yes, Pascal Soriot earns less than Sundar Pichai. But rather than being the consequence of the UK “paying their CEOs too little”, it is probably due to AstraZeneca having about 10% of Alphabets market capitalisation; once that is factored in, Pascal earns a pretty disproportionately big salary (which is also why his salary has been controversial for many years now).
Lol. The entire UK stock market’s market cap just about edges out that of Apple. The UK is a poor country masquerading as a rich country. It’s no wonder everyone from top to bottom is paid less. The UK’s average wage is equivalent to that of the second poorest American state…