nick venedi

Saturday 28 January 2012

Bankers and workers

We are faced with a ridiculous situation where public sector workers who make this country work are being told that they will not be getting any pay rises for years, a lot of them will lose their jobs, they have to pay more contributions into their pension funds, they have to work longer for much less, yet a chief executive of a publicly owned bank with around 1 million a year salary who has not produced the results will be getting paid an additional million on top of his huge salary? Where is the justice or logic in that? Which other public sector organisation has a performance reward system that doubles ones salary if they fail??

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