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Why the country is in the shitter
18-05-2011This morning I came across this in the news. For those of you who don't have time to read it, let me summerise: AIB want to pay their new CEO more than €500,000 A YEAR!
And they wonder why the country is in the shitter?! Excuse the horrible turn of phrase but stuff like this makes my blood boil.
Lets put it in perspective. The President of America currently earns €280,000. Double that, and you get what AIB are looking to pay their CEO. It's utter greed, stupidity and people like this are the reason why our country is in so much trouble. They are looking to pay a worker in Ireland almost double what the most powerful man in the world currently earns.
What the hell can this person need / want that 500k a year cannot buy?
The reason why want to pay their new CEO in excess of €500,000 per year is that according to AIB they are having trouble filling the position with a below par competitive pay package.
I actually can't say any more on this other than people like this are slowly killing this country. Utter fucking imbeciles! Quite frankily it is disgusting.
Tags: meanderings
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