PE teacher get paid by a carefully negotiated system based on the; thickness of their neck, redness of face, ignorance and preference for hanging around in showers.
I read the news today oh boy! Page 649
Do all PE teachers also teach a 'proper' subject? Or is that just some of them. One of mine also taught Physics.
Quote: sootyj @ January 30 2012, 2:20 PM GMTCare Home Workers get paid by a carefully negotiated system based on the; thickness of their neck, redness of face, ignorance and preference for hanging around in showers.
Quote: zooo @ January 30 2012, 2:21 PM GMTDo all PE teachers also teach a 'proper' subject? Or is that just some of them. One of mine also taught Physics.
Maybe? All I can tell you is that my mate is a full time PE teacher. You can tell that he loves his job and the students look up to him.
There's no way I'd be a teacher to some of the little shits currently inhabiting the school system - and their thick as shit (and often violent) parents.
[quote name="Renegade Carpark" post="844692" date="January 30 2012, 2:25 PM GMT"}
There's no way I'd be a teacher to some of the little shits currently inhabiting the school system - and their thick as shit (and often violent) parents.[/quote]
Anyways back to the topic in hand - Should a bunch of millionairre MPs who helped destroy the economy be allowed to determine the bonus of a Chief Executive they had to bring in to fix their ailing bank?
Quote: Renegade Carpark @ January 30 2012, 2:35 PM GMTAnyways back to the topic in hand - Should a bunch of millionairre MPs who helped destroy the economy be allowed to determine the bonus of a Chief Executive they had to bring in to fix their ailing bank?
Yes.
Quote: roscoff @ January 30 2012, 2:37 PM GMTYes.
Why?
Quote: Renegade Carpark @ January 30 2012, 2:35 PM GMTAnyways back to the topic in hand - Should a bunch of millionairre MPs who helped destroy the economy be allowed to determine the bonus of a Chief Executive they had to bring in to fix their ailing bank?
Because in effect they're his boss as it was the tax payers money that rescued the bank and so if it wasn't for that money he wouldn't be in that job anyway because there would be no RBS. The fact they are minted is irrelevant.
Quote: Renegade Carpark @ January 30 2012, 2:35 PM GMTAnyways back to the topic in hand - Should a bunch of millionairre MPs who helped destroy the economy be allowed to determine the bonus of a Chief Executive they had to bring in to fix their ailing bank?
I don't see why we're concentrating on this particular bonus. He's already had £35.5million pay since joining RBS in 2008, and is set to get £millions more this year even without that bonus.
Quote: Renegade Carpark @ January 30 2012, 1:15 PM GMTAnother public sector worker has had his pay cut, but the protestors are staying very quiet about it.
It's almost as if everyone is a bunch of hypocritical idiots.
Since the bonus was in shares, it's actually sad that he turned them down. Since they would become worthless if he did a bad job in future, they would have provided lots of extra incentive to do a really good job of being CEO.
Quote: billwill @ January 30 2012, 2:55 PM GMTSince the bonus was in shares, it's actually sad that he turned them down. Since they would become worthless if he did a bad job in future, they would have provided lots of extra incentive to do a really good job of being CEO.
30 million not enough of a bonus!!!!!
Quote: roscoff @ January 30 2012, 2:46 PM GMTBecause in effect they're his boss as it was the tax payers money that rescued the bank and so if it wasn't for that money he wouldn't be in that job anyway because there would be no RBS. The fact they are minted is irrelevant.
He didn't volunteer for the job, he was approached by the Treasury, the Government and RBS itself. The only reason he took the job was because he was told to 'name his price'. He did and he got screwed.
Quote: Nogget @ January 30 2012, 2:51 PM GMTI don't see why we're concentrating on this particular bonus. He's already had £35.5million pay since joining RBS in 2008, and is set to get £millions more this year even without that bonus.
I agree, the Government should have chosen someone who wasn't good at banking and making a profit.
Quote: roscoff @ January 30 2012, 2:56 PM GMT30 million not enough of a bonus!!!!!
Tube drivers got three pay rises in the last 12 months. And they didn't make much of a profit based on the increased travel fares.
Quote: Renegade Carpark @ January 30 2012, 3:20 PM GMTHe didn't volunteer for the job, he was approached by the Treasury, the Government and RBS itself. The only reason he took the job was because he was told to 'name his price'. He did and he got screwed.
I'd happily get screwed by Ant and Dec for his money.Yes, at the same time!
Quote: Renegade Carpark @ January 30 2012, 3:20 PM GMTI agree, the Government should have chosen someone who wasn't good at banking and making a profit.
My point was that it's inconsistent to worry ourselves about his bonus when it's only a fraction of his actual earnings. It's a bit like trying to diet by cutting down by one slice whilst still eating the rest of the cake.
Quote: Renegade Carpark @ January 30 2012, 2:10 PM GMTConsidering he took an institution from losing £1.6 billion a year to making a £2 billion profit, his bonus of £1 million is tiny. Not a lot of public sector workers can make the same claim.
The banks are pretty much a cartel; short of reckless gambling it is almost impossible not to turn a respectable profit.
In Warren Buffett's famous phrase, never confuse the value of a chair with the value of the person sitting in it. Most people in the City are eminently replaceable.
Quote: Renegade Carpark @ January 30 2012, 3:20 PM GMTTube drivers got three pay rises in the last 12 months. And they didn't make much of a profit based on the increased travel fares.
Tube drivers are a very good comparator with the City, both are grossly overpaid relative to their skills as a result of holding the economy by the ghoolies.