Ofcom CEO on £393,000: Outrageous!

Westonman · **Joined:** Thu Jan 12, 2012 10:46 am **Posts:** 1806

How can anybody begin to justify such a rate of pay?

http://www.dailymail.co.uk/news/article ... touch.html

Quote:

Ofcom chief executive Ed Richards will step down from his £393,000-a-year job at the end of the year, he announced yesterday.
The former adviser to Tony Blair, who applied unsuccessfully to lead the BBC in 2012, said it was ‘the right time to move on’ after eight years at the helm of the broadcasting regulator.
Mr Richards, 49, has not lined up another job and will not be able to work for another organisation in the broadcasting or telecoms sector for 12-months after his departure without the approval of Ofcom’s chairman Dame Patricia Hodgson, to avoid the appearance of a conflict of interest.

We have people depending on food banks; others living on the streets; for many the minimum wage has become the new norm; people having to choose between eating and heating – while the extremely dubious 'elite' are rewarded with obscenely vast sums of money for adding no value whatsoever to society. This has to stop!

SOT · **Joined:** Fri Jan 20, 2012 8:14 pm **Posts:** 659

Imagine receiving nearly half a million pounds every year for 8 years and having a contract that says that when you finish, you effectively have to take 12 months off!

Nice work if you can get it! (But outrageous)

Father Ted · **Posted:** Fri Oct 03, 2014 6:08 pm

How many of these people from Crony CEO's to Casino Bankers to Footballers to Slack Jawed Celebs are actually doing anything of any social value and contribution?

People should be remunerated in accordance to what they contribute to society.

geezer466 · **Joined:** Thu Jan 12, 2012 1:06 pm **Posts:** 1307

Westonman wrote:

How can anybody begin to justify such a rate of pay?

http://www.dailymail.co.uk/news/article ... touch.html

Quote:

Ofcom chief executive Ed Richards will step down from his £393,000-a-year job at the end of the year, he announced yesterday.
The former adviser to Tony Blair, who applied unsuccessfully to lead the BBC in 2012, said it was ‘the right time to move on’ after eight years at the helm of the broadcasting regulator.
Mr Richards, 49, has not lined up another job and will not be able to work for another organisation in the broadcasting or telecoms sector for 12-months after his departure without the approval of Ofcom’s chairman Dame Patricia Hodgson, to avoid the appearance of a conflict of interest.

We have people depending on food banks; others living on the streets; for many the minimum wage has become the new norm; people having to choose between eating and heating – while the extremely dubious 'elite' are rewarded with obscenely vast sums of money for adding no value whatsoever to society. This has to stop!

The mentality of the class of people who dream these jobs up explains all this....

http://www.theguardian.com/society/2014 ... flats-rent

Quote:

Boris Johnson is set to approve plans for “affordable” flats that the Guardian understands could cost tenants up to £2,800 a month to rent.

The London mayor is expected to grant consent on Friday for the construction of 98 “affordable rent” apartments on the site of the Royal Mail’s Mount Pleasant sorting office in central London in a deal that critics say makes a mockery of the idea that affordable housing is for the most needy.

Over £33,00 rent a year for a flat is of course affordable in anyone's language...

Something like this would lead me to suspect that the developer is either one of johnsons's chums or a Tory donor. Or maybe they are just so detached from reality they think that they are affordable rents? Surely he can't be that oblivious, he is undoubtedly quite smart, or maybe he really is just an evil little soandso like his cousins Osborne and Cameron.

rexy · **Joined:** Wed Jan 11, 2012 11:47 pm **Posts:** 221

So just how much does his boss Dam Pat make to make decisions like that.

Westonman · **Joined:** Thu Jan 12, 2012 10:46 am **Posts:** 1806

geezer466 wrote:

The mentality of the class of people who dream these jobs up explains all this....

http://www.theguardian.com/society/2014 ... flats-rent

Quote:

Boris Johnson is set to approve plans for “affordable” flats that the Guardian understands could cost tenants up to £2,800 a month to rent.

The London mayor is expected to grant consent on Friday for the construction of 98 “affordable rent” apartments on the site of the Royal Mail’s Mount Pleasant sorting office in central London in a deal that critics say makes a mockery of the idea that affordable housing is for the most needy.

Over £33,000 rent a year for a flat is of course affordable in anyone's language...

Something like this would lead me to suspect that the developer is either one of johnsons's chums or a Tory donor. Or maybe they are just so detached from reality they think that they are affordable rents? Surely he can't be that oblivious, he is undoubtedly quite smart, or maybe he really is just an evil little soandso like his cousins Osborne and Cameron.

A national minimum wage of £6.50 per hour for those over the age of 21 for a forty hour week provides a weekly income of £260; which will not fund the Johnson's "affordable housing" rent of £2,800 per month. For national minimum wage rates see: https://www.gov.uk/national-minimum-wage-rates

Somebody should corner Buffoon Johnson during his election campaign for Uxbridge, and ask him to explain how he relates affordable housing rents of £2,800 per month to the national minimum wage.

There is no way that Johnson can possibly associate the minimum wage with monthly rents of £2,800 for affordable housing. The truth is the political elite “resent” the poor. Cameron let out the truth when he said that he and the Conservatives RESENT the poor. http://www.telegraph.co.uk/news/politic ... -poor.html

Quote:

David Cameron's #FreudianSlip: Tories 'resent' the poor

And since the Conservatives, Labour, and the Lib Dems are all effectively three branches of the same tree; we can safely understand that the LibLabCon really do RESENT the poor.

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Ofcom CEO on £393,000: Outrageous!

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