More Greed

[Brassed Off]

Yet again the greed of big business rears its ugly head.
Both BP and Barclays are awash with cash, and yet they see fit to close their final salary pension schemes.
Greed can be the only reason, there can be no other!
What a way to treat your employees, an absolute disgrace!
Any large company with say more than 1000 employees that does not provide a viable pension scheme should be put into a special tax bracket, to guide them back into the "fold" of good and fair employee relations.

[roy]

This is not going to happen with the Government needing every friend they can muster at the moment, what amazes me is that no one appears to do anything about it.
Let us hope that with todays elections all of the major parties are wiped out, we need to give kicks up the proverbial back side

[Andrew]

The problem is that since the 1980's the pay differential between shop floor and boardroom has been getting steadily wider. The company I work for pays it's shop floor staff £17k, increasing to about £19k after two years. Junior managers start on a salary of £36k plus all sorts of benefits and allowances. Senior managers are on £55k with increased benefits and allowances obviously, and judging by the cars some of the directors drive (Astons & big Mercs) they are doing very nicely as well. It seems to me that as boardroom pay & benefits have increased over the last couple of decades some senior managers/directors seem to have forgotten about their most important asset, their employees.