Half the population are bullied ... most only recognize it when they read this
Concerned about the obscene salaries of some top bosses?
The minimum wage in the UK is £3.50 an hour. If you're old enough to vote but under 22, your minimum wage is set legally at £3 an hour. It's unfortunate that mortgages for under-22's don't cost 13% less, neither do food bills, energy bills, or any other bills.
Chief executive officers (CEOs) in the UK are paid the second-highest salaries in the world after America
Over the last 10 years salaries of top bosses in the UK rose 288% whilst those of workers rose just 45% [More]
UK accountants are the highest paid in the world
For running SmithKline Beecham, Jan Leschly was paid £93 million
Former CEO of EMI, Jim Fifield received a £12.4 million pay-off despite disastrous performance
In 1999, David Varney, chairman of North Sea gas supplier BG, enjoyed a 10% salary increase whilst employees received 1.5%. MSF members voted 96% in favour of industrial action.
John Edmonds, TUC President at Congress 1999 was quoted as saying that all fat cats were "greedy bastards"
Redundancy rates in the UK are around around the lowest in the developed world at around 23% of fixed salary
Applications to employment tribunal in the UK now exceed 100,000 a year, one of the highest rates in Europe
Employees in UK manufacturing are the second lowest paid in the developed world
In 1998/9 in the UK, directors' pay increased by around 26% in 1998/9, productivity improved by around 6%, and average pay for employees increased by 2.9%
On a local note
Oxfordshire County Council increased council tax rates by 12% in April 1999 when the "official" rate of inflation is under 3%
In 1999 the chief executive of Oxford City Council awarded himself a pay rise of 16%
Thanks to the UK's MSF union for some of these figures.
February 2005: NHS bosses pay skyrockets 70% in a decade. "Managing an NHS Trust is a big job and the NHS needs to be able to compete with the much bigger pay and perks on offer in the private sector, in order to get the best person for the job" says an acolyte: http://news.bbc.co.uk/1/hi/health/4269731.stm
March 2004: Oxfordshire County Council chief executive nets pay rise almost six times the rate of inflation whilst putting up council taxes by three times the rate of inflation and imposing on staff a zero percent pay freeze and in some cases a pay cut.
October 2003: Fat cats get ever fatter with 288% pay rise: http://news.bbc.co.uk/1/hi/business/3179550.stm
May 2003: TUC turns attention to fat cat pay at HSBC bank; William Aldinger stands to make millions, and receive free dental and medical treatment for life: http://news.bbc.co.uk/1/hi/business/2934176.stm
May 2003: Shareholders revolt against GlaxoSmithKline (GSK) chief executive Jean-Pierre Garnier and his £23 million reward for failure: http://news.bbc.co.uk/1/hi/business/3038381.stm
April 2003: "We're not against fat cat pay" says National Association of Pension Funds (NAPF): http://news.bbc.co.uk/1/hi/business/2985075.stm
April 2003: Investors get tough on fat cat pay for underperforming chief executives: http://news.bbc.co.uk/1/hi/business/2979781.stm
April 2003: UK Government plans crackdown on fat cat bosses: http://news.bbc.co.uk/1/hi/business/2979827.stm
August 2002: Fat cats go on getting fatter: http://news.bbc.co.uk/1/hi/business/2194811.stm
May 2002: In the Enron scandal, top Enron Corporation workers reaped (or should that be raped?) $744 million in payments and stock in the year leading up to its bankruptcy filing. [More]
There's no objection to people earning large sums of money, provided the amounts are deserved, and all employees enjoy the benefits of profitability and prosperity. These include security of employment, good working conditions, working hours limited by contract and the European Working Time Directive. All too often the obscene salaries (plus perks, bonuses, commissions, pension payments, golden handshakes, share options etc) are obtained by the morally unacceptable tactics of making employees redundant, with pay rises less than inflation, a refusal to invest, siphoning of financial reserves instead of investing, etc, all of which ultimately translate to redundancies.
Where now at Related Issues?
Violence, rage, abuse, discrimination and issues related to bullying
Related Issues Home Page
Bullying by neighbours | Bullying by landlords
Bullying by the church | Bullying and cults | Bullying and prisons
Bullying and whistleblowing | Bullying and stammering
Bullying and age discrimination | Bullying and long hours
Bullying and minorities | Bullying of gays and lesbians
Transsexuals and bullying | Bullying and disfigurement
Bullying and adoption | Bullying and eating disorders
Bullying and racism | Bullying because you're seen as overweight or fat
The cost of drugs and alcohol at work | Corporate bullying and fad-speak
Working from home | Management consultants
Bullying and business ethics | Toxic management | Bullying and fat cats
Bullying and call centres | Bullying and snooping
Cyberbullying, emails and the Internet
Abusive telephone calls | Bullying and mobile phones
Health and safety | The welfare officer
Domestic violence | A serial bully in the family | Female violence
Bullying and anger | Road rage, office rage | Verbal violence
Violence | Gun violence | Spree killings
Bullying and abuse | Sexual abuse | Drug rape | Stalking
Bullying in the movies | Trauma and the paranormal
The Field Foundation | Bully OnLine
Workplace bullying | School bullying | Family bullying
Bullying news | Bullying case histories
Bullying resources | Press and media centre
Stress, PTSD and psychiatric injury
Action to tackle bullying | Related issues
Books on bullying and related issues