Tuesday, November 19, 2013

Top Bosses Rip Off Workers (and Shareholders) 14% pay rise FFS!!!!

"Commenting on the latest FTSE 100 director’s pay trends published today (Monday) by Income Data Services – which show that median total earnings of FTSE 100 directors increased by 14 per cent last year – TUC General Secretary Frances O’Grady said:

“Britain’s top bosses are back to their old tricks as their pay is growing 20 times faster than the average worker.

“It’s one thing replacing bonuses with long-term incentive plans, but FTSE 100 companies are simply exploiting this change to make their fat cats even fatter.

“The time has come for legislation to put ordinary workers on the pay committees of companies. This is the only way to bring some sanity to the way in which directors are paid.”

Can you believe how greedy these people are?  When most workers in this country have had their wages cut in real terms for the last 5 years? Their pensions and insurance policies are also being reduced to pay for what I can only assume to be in the majority of cases - simple fraud and embezzlement

Enough is enough. The British people are not powerless in this. Parliament is sovereign and in 2015 vote Labour and demand they do something about our broken market economy.

Remember if you don't vote you have no right at all to moan about this.
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