House prices fall at fastest pace in nearly 14 years

[Borchester]

Borchester yet another vicious nasty lie about be on the forum. The list is building.

Wow, how long does the list have to be before I get a prize ?

Or just a medal

Hero of Cornish Layaboutdom, presented by Chairman Pappy

[papasmurf]

Well most of us want top talent in movies, sports and positions running companies and are prepared to see them paid the market rate for such

Market rate. Frankly a lot of them are not worth anymore than the minimum wage. They want Capitalist pay but no sanction when they cock-up. 

[Unlucky4Sum]

Frankly yes I do.

Well most of us want top talent in movies, sports and positions running companies and are prepared to see them paid the market rate for such

[papasmurf]

Work !

Wash you mouth out with soap and water from the Lizard Layabouts Cooperative.

What do you think Pappy is, some sort of Tory ?

Borchester yet another vicious nasty lie about be on the forum. The list is building.

[Borchester]

Get a second job or work harder. It's very simple!!

Work !

Wash you mouth out with soap and water from the Lizard Layabouts Cooperative.

What do you think Pappy is, some sort of Tory ?

[papasmurf]

What's your issue? These top people have worked a damn sight harder and smarter than your bod on £32K. And there responsibility is huge compared to theirs.

Rubbish.  Nick they just are NOT worth that kind of money. It is disgusting. They are greedy pigs.

[Nick]

Puzzled by that link:-


CEO pay report 2022 (highpaycentre.org)

August 2022
The median FTSE 100 CEO took home £3.41 million in 2021. This is the highest level of median CEO pay since 2018, and is an increase of 39% on the median FTSE 100 CEO pay in 2020, which stood at £2.46 million. The median FTSE 100 CEO pay of £3.41 million is 109 times the median earnings of a UK full-time worker in 2021 (£31,285) [1]. This represents an increase from 79:1 last year and has widened beyond the gap of 107:1 in 2019. Mean FTSE 100 CEO pay was likewise higher than the previous year, at £4.26 million, up from £3.4 million in 2020. The highest paid FTSE 100 CEO received a total of £16.85 million, at Endeavour. This is 539 times the pay of the median UK full-time worker. 90% of FTSE 100 companies paid their CEO a bonus in 2021, compared to just 64% in 2020 and 89% in 2019. The mean bonus payment increased from £828k in 2020 to £1,431k in 2021. 77% of FTSE 100 companies paid their CEO a payment as part of a Long Term Incentive Plan (LTIP), the same as in 2020. The mean LTIP payment increased from £1,379k in 2020 to £1,610k in 2021. The median total spend on executive pay (including the CEOs and other executives) for FTSE 100 companies was £6.3 million. There were 9 female FTSE 100 CEOs in 2021, up from 7 in 2020. Excluding Harbour and Entain's female CEOs, who were appointed midway through the financial year, the median pay of the remaining 7 female CEOs, who were in role for the duration of the 2021 financial year, was £3.01 million. This is below the median pay of male FTSE 100 CEOs at £3.49 million. The median FTSE 250 CEO was paid £1.72 million in 2021, a 38% increase on the 2020 figure of £1.25 million. The median FTSE 250 CEO is paid 55 times the median UK worker. This is a significant increase from 40:1 in 2020.

What's your issue? These top people have worked a damn sight harder and smarter than your bod on £32K. And there responsibility is huge compared to theirs.

[Nick]

Contracts, I think we are at cross purposes. I am referring to one man band self employed. There are no contracts.

There should always contracts, and if there isn't they get what they deserve.

[Streetwalker]

They are when it the one days adds up to weeks. 

As I keep saying but it doesnt seem to be getting through , if the job is longer than a couple of days you need to get a contract in place

[papasmurf]

So do you find movie star salaries offensive?  Soccer stars?  Max Verstappen's?  Roger Federer's?
 

Frankly yes I do.

[Unlucky4Sum]

They are still being paid offensive amounts of money.

So do you find movie star salaries offensive?  Soccer stars?  Max Verstappen's?  Roger Federer's?
  
If you want to see drudge in films and on our sports arenas then force those wages down and guess what, they'll bugger off leaving us with the drab dross.
 
Top salaries for rare talent are what you get in a market economy, all the alternative economy models are utter shite with it being those in the lower levels that suffer worst

[papasmurf]

FTSE companies are very much not representative of the real range of UK employers.  For a start they tend to be multinationals with only a fraction of their business execution in the UK.  The FTSE350 figures are more representative but even they at #70,000 employees are a tiny fraction of the UK employment market of ~33 million employees.

https://www.rsmuk.com/news/cost-of-employment-ftse-350-tech-companies-rises-in-2021

They are still being paid offensive amounts of money.

[Unlucky4Sum]

Puzzled by that link:-


CEO pay report 2022 (highpaycentre.org)

August 2022
The median FTSE 100 CEO took home £3.41 million in 2021. This is the highest level of median CEO pay since 2018, and is an increase of 39% on the median FTSE 100 CEO pay in 2020, which stood at £2.46 million. The median FTSE 100 CEO pay of £3.41 million is 109 times the median earnings of a UK full-time worker in 2021 (£31,285) [1]. This represents an increase from 79:1 last year and has widened beyond the gap of 107:1 in 2019. Mean FTSE 100 CEO pay was likewise higher than the previous year, at £4.26 million, up from £3.4 million in 2020. The highest paid FTSE 100 CEO received a total of £16.85 million, at Endeavour. This is 539 times the pay of the median UK full-time worker. 90% of FTSE 100 companies paid their CEO a bonus in 2021, compared to just 64% in 2020 and 89% in 2019. The mean bonus payment increased from £828k in 2020 to £1,431k in 2021. 77% of FTSE 100 companies paid their CEO a payment as part of a Long Term Incentive Plan (LTIP), the same as in 2020. The mean LTIP payment increased from £1,379k in 2020 to £1,610k in 2021. The median total spend on executive pay (including the CEOs and other executives) for FTSE 100 companies was £6.3 million. There were 9 female FTSE 100 CEOs in 2021, up from 7 in 2020. Excluding Harbour and Entain's female CEOs, who were appointed midway through the financial year, the median pay of the remaining 7 female CEOs, who were in role for the duration of the 2021 financial year, was £3.01 million. This is below the median pay of male FTSE 100 CEOs at £3.49 million. The median FTSE 250 CEO was paid £1.72 million in 2021, a 38% increase on the 2020 figure of £1.25 million. The median FTSE 250 CEO is paid 55 times the median UK worker. This is a significant increase from 40:1 in 2020.

FTSE companies are very much not representative of the real range of UK employers.  For a start they tend to be multinationals with only a fraction of their business execution in the UK.  The FTSE350 figures are more representative but even they at #70,000 employees are a tiny fraction of the UK employment market of ~33 million employees.

https://www.rsmuk.com/news/cost-of-employment-ftse-350-tech-companies-rises-in-2021 

[papasmurf]

I did allude  in post 59 that Im happy to take a chance for one or two days work . Anything more ,no . Anyway  nobodies going to be forced down the free food bank if they get knocked a days money .

They are when it the one days adds up to weeks. (There are also locally farmers and fishermen being referred to food banks, and Brexit is to blame for that.)

[Streetwalker]

Sorry but a contract for one days work is not going to happen.

I did allude  in post 59 that Im happy to take a chance for one or two days work . Anything more ,no . Anyway  nobodies going to be forced down the free food bank if they get knocked a days money .