Title: Top Bosses' Pay Post by: Sark79 on October 17, 2006, 10:40:57 PM I have just been having a discussion with a few friends about the high pay of top company bosses', footballers, actors and various others in high paying jobs. This was after watching on the news tonight that the average pay of the UK's top company bosses rose by 43%.
To be honest, I have absolutely no problem with this. They work hard to put theirselves in a position to earn the big money ( some up to £17 million per year ). I also have absolutely no problem with Tom Cruise earning $20 million per movie or some premiership footballers earning £130,000 per week or Shumacher picking up around $3 million per race ( this is more than doubled after his various sponsorship deals kick in each race meeting ). Top company bosses' are in a position of high stress, they probably spend a lot of time away from home and are doing a job most of us couldn't do. Not all footballers or tennis players can hope to slide into a TV career after retiring in their mid 30's, so what is wrong with picking up big wages while they are able to. Is getting high wages such a bad thing? I have yet to meet someone who agrees with me :D ( I generally find this with most things in life, lol. I must have an odd way of looking at things ). I am not a wealthy person, but I am not against other people who have worked hard for their money enjoying the fruits of their success Yes or No? Do they earn too much Title: Re: Top Bosses' Pay Post by: roverthtaeh on October 17, 2006, 10:57:04 PM I agree.
Anyone who says they wouldn't want such high wages, given the opportunity, is a liar. And anyone who has some kind of talent and wants the opportunity, should get themselves an agent. And any agents out there...... I need a rise. Title: Re: Top Bosses' Pay Post by: Sark79 on October 17, 2006, 10:58:13 PM I have no talent or money :D . I am first rate scum
Title: Re: Top Bosses' Pay Post by: roverthtaeh on October 17, 2006, 10:59:22 PM I have no talent or money :D . I am first rate scum Don't despair.... look at what Victoria Beckham did. Title: Re: Top Bosses' Pay Post by: Sark79 on October 17, 2006, 11:01:25 PM I am straight so can't marry a footballer :D . I am aiming for a top female tennis player
Title: Re: Top Bosses' Pay Post by: mikkyT on October 17, 2006, 11:03:53 PM Women look for a man with money. men are shallow and usually take the first thing on offer (Beckham prime example).
Women with money don't need a man. Title: Re: Top Bosses' Pay Post by: roverthtaeh on October 17, 2006, 11:13:37 PM Women look for a man with money. men are shallow and usually take the first thing on offer (Beckham prime example). Women with money don't need a man. Not all women are gold-diggers. Not all men are shallow. Not all rich women are gay. Title: Re: Top Bosses' Pay Post by: Poppet7 on October 17, 2006, 11:51:21 PM Women with money don't need a man. No cos they can afford everything Ann Summers has to offer ;D Title: Re: Top Bosses' Pay Post by: mikkyT on October 18, 2006, 12:17:13 AM I agree. Anyone who says they wouldn't want such high wages, given the opportunity, is a liar. And anyone who has some kind of talent and wants the opportunity, should get themselves an agent. And any agents out there...... I need a rise. Not everyone has a love of money Not everyone thinks money is the answer to everything Not everyone wants to have such high wages as the expense of other things in their lives Not everyone is a liar Not everyone wants to work Should I carry on? Title: Re: Top Bosses' Pay Post by: Royal Flush on October 18, 2006, 01:57:20 AM I see nothing wrong with it, its part and parcel of a free economy, if you are the best at what you do then the market competitors will pay what they can to employ your services.
Title: Re: Top Bosses' Pay Post by: doubleup on October 18, 2006, 08:35:32 AM Apparently the reason that top bosses are paid so highly is not because they are actually worth it, but so that thousands of others work harder in an effort to get a top job, with very few actually succeeding. A bit like a pyramid scheme.
Title: Re: Top Bosses' Pay Post by: boldie on October 18, 2006, 11:19:03 AM I have no problem with people earning a lot of money. Beckham is well worth what he's making in Advertising revenue alone...
CEO's of a company should be getting paid a good amount. what I do have a problem with is CEO's who do a pisspoor job getting a golden handshake (a couple of mill is not un heard of...50-60mill is not uncommon in the states) when they get the sack or when it's found out they are doing an Enron...they get a slap on the wrist (or if convicted a presidential pardon..just ask Clinton) and get to keep all the money they made...that's just not right. Title: Re: Top Bosses' Pay Post by: Sheriff Fatman on October 18, 2006, 11:56:25 AM I don't object to it as such as its part and parcel of a free economy. However, looking at the work Sophie (a children's nurse in a charity funded hospice) and her colleagues do makes you realise how messed up things are in terms of 'true' importance of role and reward!
Sheriff Title: Re: Top Bosses' Pay Post by: Royal Flush on October 18, 2006, 03:33:45 PM I don't object to it as such as its part and parcel of a free economy. However, looking at the work Sophie (a children's nurse in a charity funded hospice) and her colleagues do makes you realise how messed up things are in terms of 'true' importance of role and reward! Sheriff Don't get me wrong that is very important work, but dont forget that top bosses are keeping thousands of people in work. Don't underestimate how important that is, its not just about £. Title: Re: Top Bosses' Pay Post by: Sheriff Fatman on October 18, 2006, 03:40:09 PM My point was more that if I have a 'bad day at the office' it generally doesn't mean people have died.
Sheriff Title: Re: Top Bosses' Pay Post by: Colchester Kev on October 18, 2006, 03:41:02 PM I hear flushy was offered the job of head director of ICI but didnt want to take a pay cut :D
Title: Re: Top Bosses' Pay Post by: Royal Flush on October 18, 2006, 03:41:13 PM My point was more that if I have a 'bad day at the office' it generally doesn't mean people have died. Sheriff Fair point, lol Title: Re: Top Bosses' Pay Post by: roverthtaeh on October 18, 2006, 06:05:33 PM I agree. Anyone who says they wouldn't want such high wages, given the opportunity, is a liar. And anyone who has some kind of talent and wants the opportunity, should get themselves an agent. And any agents out there...... I need a rise. Not everyone has a love of money Not everyone thinks money is the answer to everything Not everyone wants to have such high wages as the expense of other things in their lives Not everyone is a liar Not everyone wants to work Should I carry on? Not everyone wants you to carry on. Title: Re: Top Bosses' Pay Post by: doubleup on October 18, 2006, 06:08:28 PM Don't get me wrong that is very important work, but dont forget that top bosses are keeping thousands of people in work. Don't underestimate how important that is, its not just about £. I pretty certain that keeping people in work is not an objective for these people. Title: Re: Top Bosses' Pay Post by: Royal Flush on October 18, 2006, 06:15:23 PM Don't get me wrong that is very important work, but dont forget that top bosses are keeping thousands of people in work. Don't underestimate how important that is, its not just about £. I pretty certain that keeping people in work is not an objective for these people. It's a bi-product, the more of success the company becomes the more jobs it creates. Title: Re: Top Bosses' Pay Post by: BrumBilly on October 18, 2006, 06:27:13 PM If they don't keep people in work they'd be short of folks to exploit. The more workers the more they earn so it's in their interest to keep us in work.
Title: Re: Top Bosses' Pay Post by: GlasgowBandit on October 18, 2006, 06:31:52 PM I like to think of myself as a Socialist.
However I also believe that hard work should be rewarded. I think as long as everyone who works is paid fairly for the job they do and the multi nationals treat workers with the respect they deserve and don't take liberties on 3rd world companies, but sometimes well every time profit seems to come first. Title: Re: Top Bosses' Pay Post by: madasahatstand on October 18, 2006, 06:37:53 PM Apparently the reason that top bosses are paid so highly is not because they are actually worth it, but so that thousands of others work harder in an effort to get a top job, with very few actually succeeding. A bit like a pyramid scheme. an interesting observation but that assumes all people are ambitious. i dont think the whole of society are but do take your point that folk wanting to climb the ladder, want that top job. i certainly do but within the current context of society. if we could have a socialist society i wouldnt mind getting paid what everyone else gets. Title: Re: Top Bosses' Pay Post by: pswnio on October 18, 2006, 06:46:31 PM I don't *necessarily* have a problem with them earning shedloads. What I do object to is them getting inflation busting rises when their staff get increases in line with inflation.
Title: Re: Top Bosses' Pay Post by: doubleup on October 18, 2006, 08:50:27 PM Don't get me wrong that is very important work, but dont forget that top bosses are keeping thousands of people in work. Don't underestimate how important that is, its not just about £. I pretty certain that keeping people in work is not an objective for these people. It's a bi-product, the more of success the company becomes the more jobs it creates. Don't kid yourself - if a business could automate virtually everything that they do and increase their profits at the same time they would choose that option without hesitation. The only job a standard blue-chip CEO is concerned about is his own. Title: Re: Top Bosses' Pay Post by: Royal Flush on October 18, 2006, 08:54:10 PM Because all people in position of great wealth are evil.
You cant be rich and compasionate? Title: Re: Top Bosses' Pay Post by: Sark79 on October 18, 2006, 09:06:18 PM Look at Scrooge, he was wealthy but he was also compasionate. Ok, at the start he wasn't a kind guy, but he saw the error of his ways and took the largest turkey in the Butchers shop to Bob Cratchit and his Family on Christmas Day. Tiny Tim had a good meal because of Scrooge " It is a glorious feast Mother. Ohh thankyou, thankyou Mr Scrooge"
Title: Re: Top Bosses' Pay Post by: doubleup on October 18, 2006, 09:06:54 PM Because all people in position of great wealth are evil. You cant be rich and compasionate? Not sure what relevance that comment has. You seem to be confusing entrepreneurship with management. The former creates jobs and wealth and should be rewarded. As far as the latter is concerned it is only interested in efficiently utilising resources, people being one of these. Title: Re: Top Bosses' Pay Post by: Claw75 on October 18, 2006, 09:25:31 PM As far as the latter is concerned it is only interested in efficiently utilising resources, people being one of these. certainly the case anywhere I've ever worked - it's all part of being an effective manager. That's not to say those people aren't compassionate outside of their working life. |