Gavin Crosby Il y a 12 années thanks for this Adrian, i find the implication that dedicated and competant workers will only be attracted to hugely paid jobs insidious as well. Most of the comments in defense of the bonus seem to suggest that 'if you want the best, you need to pay' is the only argument at play . It seems to me though that once you've broken through a certain pay point this becomes completely irrelevant. It kind of suggests that anyone who earns more like the average wage cannot possibly be the best at their job, and if you are not motivated by a bonus approaching 100% of your salary then you cannot be expected to be giving 100% to your job. We all know that's not correct - particularly in my area (youth work and community learning) where so many fantastic services are delivered by volunteers. Now i'm not belittling the skills of Mr Hestor, I'm sure he has worked at management, leadership, risk taking, etc etc. over his long career, but to suggest that no one would do a similar job for half , a quarter, less even money is ridiculous. If i had been recruiting to that position, clearly i'd want someone with a proven record in the field, but i might also be wanting someone who was motivated by the possibility of rescuing money for the nation, not just for themselves. 1 Répondre en tant que ... Annuler
Adrian Barker Il y a 12 années Gavin, Thanks for the comment. I tend to agree with you. The pay can't be justified on the grounds that it's needed to motivate people. There is a sense in which it is 'the going rate' but only in that those involved have decided to award themselves inflated pay and they then compare themselves with each other. Part of the solution must be a change of attitude and culture to one which sees such disparities as unacceptable. Adrian 1 Répondre en tant que ... Annuler
Former Member Il y a 11 années Bit late to comment but as Tim Harford puts it, we are all wealth creators . 0 Répondre en tant que ... Annuler