Money,Money Money (or the lack of it)

Like most working people in the UK at present,I've recently been told that the pot is empty and as such there will be no salary increase for me this year.Yet again.

But I wonder if the many directors of the multitude of companies received the same news?
Did you know that in 2005,the average pay for directors of companies in the Financial Times index was £2.5 million? The average pay for company executives actually doubled between 2000 and 2004...This is 113 times the average wage...

Have you heard of a company called GlaxoSmithKline? Well their chief executive was hired for a salary of £3.6 million a year which in anyones standards is pretty good,but to really make your own salary seem worthless,he also insisted on a clause that meant if he was sacked he would receive £22 million.

Have you picked yourself up from the floor yet? Yep,I did write £22 MILLION.
imagine yourself as a fly on the wall at his interview when they only offered £18 million for dismissal:
"£18 million? is that all? You can't possibly expect me to take the job on those conditions?"

I bet that since he took the job,he's been turning up drunk,looking at porn on the internet at work in the hope that he'll get the boot,while the board say to themselves "we didn't really think this out did we?"

Sometimes people claim that they're worth the amount they are paid due to their ability to make companies succeed.Maybe this is why that in 2005 £807,000 worth of bonuses were paid to Jarvis execs for causing the share price to plummet from 566 pence to 9.5 pence.They also managed to being the ones to blame for the Hatfield fatal train crash...

Phillip Green,whose group owns Top Shop,Burtons and Dorothy Perkins, pays himself £3 million a day..He spent £4 million on his sons bar mitzvah,but hey we all like to spoil our children don't we? The only difference is that when I spoil my son,it's generally a trip to McDonalds.Phillip Green hires Beyonce.It would serve him right if.just before she was about to start,the boy said, "I've changed my mind,I want Britney Spears"

You're probably thinking tht I'm bitter and jealous.Nothing could be further from the truth.What really bothers me is that these super rich don't pay their way as you and I do.For example,Phillip Green's group declared a dividend of £1.299 billion.But £1.2 billion of this he gave to his wife.Who was a resident of Monaco and didn't have to pay UK tax.Maybe I'm being cynical,but maybe she was living there anyway and it's handy for the shops.This move saves the Greens £300 million,but that would still leave £1 billion.Surely they can get by on that? Or would Mrs Green scream "What am I supposed to tell the kids now? I won't be able to buy them an island this week-they'll have to make do with a lake!"

The UK government has said that tax avoidance is between £97 billion and £150 billion,whereas benefit fraud was less than £1 billion,so their obession with benfit fraud makes as much sense as if,after the great train robbery,the police had said "We have excellent news.The robbers have got away and are a vital part of the economy.But we did catch 3 passengers who didn't have a valid ticket"

Why is it that the more you earn,the more you can get away with?

I'll leave that with you.