executive pay

This tag is associated with 3 posts

France’s socialists and a fitting executive pay cap

The French government this week announced plans to cap the salary of public sector chief executives at 450,000 euros per year. The decree, which will be released by the end of July assuming the socialists win a majority in the parliamentary election run-offs on Sunday, is designed to limit the accumulation of incomes, including fixed … Continue reading »

French Fat Cat Feeding Frenzy Continues

Gruel for the masses, cream for the lucky few. A familiar tale. Inequality of wealth, and the greed and excess of France’s 1% was a significant theme in the French Presidential election. The highest paid executives of the top 40 listed companies in France had been provided with a slap up 39 million-euro meal for … Continue reading »

Public sector excess swamped by private greed

Public sector managers have become, like other elements of Italy’s political-bureaucratic ‘casta’, a target of public anger at a time when jobs are being slashed, wages frozen and living costs soaring.    Take Antonio Manganelli, head of the police, on Euros 621,000 a year, compared to an average income in the country of Euros 1,286. … Continue reading »

Twitter Updates

  • RT @Reuters: German Muslims say anti-militant posters offensive reut.rs/RETL11 27 minutes ago
  • Why ECB's Draghi must quit the ‘Group of Thirty’, a club of central bankers & private bank CEOs. Corporate Europe Obs. tinyurl.com/cdh5afh 4 hours ago
  • RT @PSIglobalunion: Italy: Youth unemployment rising dramatically | PSI fb.me/25IBoMxPd 4 hours ago
  • #Portugal: Fuel #strike may "dry pumps": big walk-out looms at oil & petrol company over regressive labour reforms theportugalnews.com/news/fuel-stri… 4 hours ago
  • El Pais on the economic crisis and #Spain's out of touch politicians tinyurl.com/d4volee #austerity 4 hours ago
  • #Italy: #Jobless benefit applications +14.8% Jan-July: AGI agi.it/flash-news/201… #austerityfail 4 hours ago
  • #Italy: redundancies up 18. 7% in August. AGI agi.it/flash-news/201… #austerityfail 5 hours ago
  • RT @PSIglobalunion: Norway: 160,000 in sympathy strike for 79 workers in private health care | PSI fb.me/UYPypMtH 5 hours ago
  • #Spain: #Unemployment costs leave government’s budget forecasts in shreds. El Pais. tinyurl.com/c2892f9 #austerityfail 5 hours ago
  • #Spain: NGOs slam night swoop operation to hand over migrants to Morocco. El Pais. tinyurl.com/ccgsbgq 5 hours ago
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