Saturday, 18 February 2012

What is too much?

There has been significasnt controversy in the UK in recent weeks about the size of executive pay bonuses ... especially for executives in companies that appear to be performing badly.

So, when is too much pay simply too much?

Impossible to say ... but the differential in pay in the West generally, but especially in the US and UK, has reached impossible levels. The ratio of executive pay to the pay of the lowest paid is now abnout 200 times. 20 years ago it was about 50 times.

The rich are getting richer ... and have continuesd to do so throughout the economic crisis.

Now, that is just plain wrong!

No comments: