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Re: Directors pay rise
The problem faced by so many companies is one of pay, the disparity between directors and 'coal-face' employees and delivering results.
There is the headline that directors will be paid more, and I cannot say I am surprised. They have been tasked with improving results, lowering debt, increasing revenue. They have (to arguably varying degrees) suceeded in these goals.
The next problem faced is retaining quality senior management - I don't know any of the characters we're talking about, but as a customer there have been improvements (nowhere near like what I want to see, but improvements all the same).
You have to ask the question, could any other director (not working for ntl) do it better given the state (in my opinion) that the previous pair (Carter and Knapp) left it in? It's going to be a slow process, but if they are delivering results for then they should be rewarded.
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