Fat cats.
So Kibaki thought it wise not to accept the generous offer from his fellow parliamentarians. Friends or foes? I mean surely did they expect him to take the salary hike? It is in the same week that Wall Street giants announced very high profits of course the Chief Executives are in line to get generous COMPENSATION packages. Reward is tightly tied to performance I think that is where our parliament went wrong if they would have given the pay rise and given reasons say pay was tied to the inflation level or the country was doing very well hence the need to be generous to the persons responsible.
The figures are not that important - just believe they are huge $50m in salary and bonuses after a 93% rise in revenues! The positive in all this is the fact that the average staff member will get $600,000 as compensation. Bingo! Good compensation package includes EVERYONE in the plot - so where is our cut?
On a positive the company that I work for won a government franchise this year - the two owners got to share £100m windfall. I got a small pay increase backdated 3 months - the very small gesture felt good. So it is not such a bad christmas after all.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment