How much more should the best paid earn than the poorest paid?

Discussion in 'Bulletin Board ARCHIVE' started by ark104 (v2), May 15, 2015.

  1. ark

    ark104 (v2) Well-Known Member

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    Simple answer, what's your gut feeling? 10 times as much, 20, 50, 100, more?
     
  2. Skryptic

    Skryptic Well-Known Member

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    The should earn what they are worth on the open market, irrespective of what anybody else makes.
     
  3. Carlycu5tard

    Carlycu5tard Well-Known Member

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    Given that a mens pub team can beat the Brazilian national womens team I'd say the best should earn at least 100 times more. But should women professionals only get the same as mens pub teams?
     
  4. Durkar Red

    Durkar Red Well-Known Member

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    My gut feeling is a bacon sandwich and a strong cup of tea
     
  5. 'thereev'

    'thereev' Banned Idiot

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    MESSI PAID THE MOST...10 times more than Ronaldo Shcmaldo
    hth
     
  6. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    Is this in relation to football or any job?

    Its an impossible question in any case and you cant put a general figure on it

    Just taking football - a player like Messi or Ronaldo - or even a few years ago Beckham generate additional revenue for their clubs worth tens or even hundreds of millions of pounds - so even though they are paid huge salaries they generate many times more that for their club
    How can you link the earnings of a young player who is on the fringes of the squad to a player who is one of the best in the world.
    or even link the wages of an office admin to the top players - it doesnt make sense
     
  7. Ext

    Extremely Northern Well-Known Member

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    Difficult question

    In the NHS a trust chief exec can get up to £250k. (total package) Even commissioning directors - who just basically buy services, can get towards £100k

    Are they worth 4x or 10x a nurse ?
     
  8. DEETEE

    DEETEE Well-Known Member

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    Re: Difficult question

    Given the nhs hierarchy is a closed shop job for the boys regardless how many time you **** up organisation.

    No.
     
  9. ark

    ark104 (v2) Well-Known Member

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    I worded the question terribly. I meant in general so if you were the head of a company how much more would you be comfortable being paid in relation to your lowest paid colleague.

    As an example in local government it's broadly 10 times more for the chief exec than the lowest paid (slightly more in larger authorities).

    Just interested to hear people's views. Personally I think that is a good ratio, and if the top boss wants to increase their pay others should increase accordingly to reflect that ratio.
     
  10. ark

    ark104 (v2) Well-Known Member

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    No. I suppose the problem comes that the private sector will pay those people more though meaning recruitment and retention becomes a big problem. Project managers in my area of local government can earn £10k more in the non-profit sector and £20k more in private sector. And this gap grows as you move up the ladder.

    I suppose if we didn't turn the NHS in to a market place we wouldn't need people buying services though (i appreciate I am being very simplistic to make a point)
     
  11. Ext

    Extremely Northern Well-Known Member

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    Imho they'd struggle to get that salary in the private sector without having to meet much more demanding targets and taking on far more responsibility.

    Having see some of those who have found their way into such positions, I wouldn't set them on sweeping the yard.

    Trace that all back to the Tory reforms of the early/mid 70's which laid the foundations for such largesse.

    People should be paid for responsibility - but in civilised society one would hope that the other jobs that need doing are subject to at least the living wage and a recognition that the Alan Sugars etc of this world cannot make their millions without someone to mend the roads their vehicles drive on and educate the staff they employ etc.
     
  12. ark

    ark104 (v2) Well-Known Member

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    I don't know about the equivalency of wages in the NHS to others but I agree with all of that.

    I think a society can be judged by how it treats its carers who we pay a pittance and treat appallingly
     
  13. Carlycu5tard

    Carlycu5tard Well-Known Member

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    The Hutton review suggested 20 as a cap in public sector.

    Rule 63 of the Jon Lewis Partnership constitution states that: “The pay of the highest-paid partner will be no more than 75 times the average basic pay of non-management partners, calculated on an hourly basis.” and that has been seen as reasonable benchmark by many "liberal thinkers" in the private sector.

    The concept that to increase the top man's pay everyone else has to go up too as this recognises the the contribution everyone makes I like.

    I think 10 times is a bit narrow though.

    http://www.thesundaytimes.co.uk/sto/public/Appointments/article438744.ece
     
  14. icer

    icer Well-Known Member

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    Re: Difficult question

    and in turn a nurse, who earns say £40K should she earn more than say an Aid worker?

    The whole argument fails when we will inevitably compare Apples with Pairs.
     
  15. RichK

    RichK Well-Known Member

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    Re: Difficult question

    Pairs of what?
     
  16. icer

    icer Well-Known Member

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    Re: Difficult question

    Pairs of Jobs of course. Nurse vs Administrator ;)

    You cant Pear more than they Pear. But like I said we will always compare Apples with Samsungs (or is that Satsuma's)
     
  17. RichK

    RichK Well-Known Member

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  18. Jimmy viz

    Jimmy viz Well-Known Member

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    10 times seems reasonable to me.
     
  19. Marlon

    Marlon Well-Known Member

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    As long as the lowest paid are on a decent wage and conditions I have no problem what the highest earners make tbh as long as its done in relation to the sustainable and longevity of the rest of the company .
    Its the fact that most take the piss in unnecessary or inflated positions whilst paying as little as possible that gets me, the attitude of the highest should get their share before considering the lowest is disgraceful but they always justify it with snobbery.
     
  20. Xer

    Xerxes Well-Known Member

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    Ask a Premiership Footballer or Lewis Hamilton and their ilk.
     

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