Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Best Management Talent

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
 
Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-11-10 09:22 AM
Original message
Best Management Talent

The Royal Mail’s Annual Report was published on 3 June, containing details of its executive pay for the previous year. According to the figures, Adam Crozier, the retiring chief executive, received more than £2.4m in the year 2009-10. With bonuses and pensions that figure rises to £3.5 million. Ian Duncan, the group finance director, took home a total of £1.4m, while Mark Higson, the managing director of Royal Mail Letters, received a total of £1.7m. Adam Crozier is the highest paid public sector worker in the country and his income puts the paltry figures earned by top Whitehall mandarins to shame.

I earn £8.98 an hour. I work a 20-hour week. I’d like to work more but there are no full-time jobs available. My basic pay is £177.28 a week, before deductions. That’s about £9200 a year. That means that I would have to work for nearly 380 years to earn as much as Adam Crozier earned last year.
Fair enough. Adam Crozier obviously has 380 times my needs. He must have a house that is 380 times the size of mine. He is 380 times taller. Maybe he has 380 stomachs to fill. Perhaps his dick is 380 times bigger than mine and he needs 380 partners to service it. He must have 380 times the intellectual capacity as his brain is clearly 380 times more developed than mine. His value to the world is 380 times greater.

I’m reminded of those giant statues the pharaohs used to build of themselves. Ramses II had a statue at Memphis which was 36 feet high and weighed 83 tonnes. It used to stand in Cairo Square, but has recently been moved so it can be restored. Ramses was worshipped as a god. The size of the statue reflected his inflated view of himself. An equivalent statue of Adam Crozier, proportional to his relative income, would have to be more than 2000 feet tall.

http://www.lrb.co.uk/blog/2010/06/08/roy-mayall/best-management-talent/
Printer Friendly | Permalink |  | Top

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC