Cable Forum - Virgin Media's Berkett paid Â£3.6m in 2009

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Re: Virgin Media's Berkett paid Â£3.6m in 2009

Quote:

Originally Posted by Arthurgray50@blu (Post 35019635)

NO company should pay a member of staff that amount of money, Each year that staff have the have the wage frozen and told there wage must be within a certain figure, a poultry figure, an yet the management, paid themself a huge salary and added additions.

The staff are paid in chickens? Turkeys? Ducks?

If it were excessive the shareholders wouldn't allow it. He can get this money elsewhere so the job market must think he's worth it.

It's a ridiculously large amount of money but it is what it is.

---------- Post added at 23:06 ---------- Previous post was at 23:01 ----------

Quote:

Originally Posted by Arthurgray50@blu (Post 35018141)

No l earn about 25k per year, but l feel that NO ONE is worth that amount of money, he might run VM, and people feel that he deserves it, but l don't.

Nah I don't think he deserves it but it's what the job market thinks he's worth.

I have no idea how you manage to make about 25k a year and live only a few miles from where I do, the take home on that would barely pay my rent :erm:

Re: Virgin Media's Berkett paid Â£3.6m in 2009

Quote:

Originally Posted by TheDon (Post 35018144)

How do you judge how much someone is worth?

If someone saves a company millions then they are surely worth millions.

If someone brings a company in millions of additional revenue then surely they are worth millions.

Footballers are paid millions because they generate millions in revenue. There's nothing disgraceful about it, it's simple businesses.

tough call.

one could argue collectively the VM workforce below director level also saved millions via hard work but do they get the same 3.6million bonus shared amongst them?

I always found these type of bonuses hard to justify, its as if these guys only work for results to get a bonus and not satisified with a 6k salary.