Originally Posted by
TURIN
You're right. IoM not covered by the PPS.
Disgraceful!
Shareholders must have full control however it needs to be a fair system,.
Example: Nationwide (The Building Society) regularly asks member to vote for decisions but we all know that 99.9% of members just select the "quick vote" option so all remuneration packages are approved by members. There is no alternative anyway. At the top they know this is a trick and it works very well.
This type of system needs to change.
Employees must be shareholders and control their Senior Management otherwise greed will destroy the industry.
The entire BA saga is a joke: greed vs common sense (including social responsibility, environmental impact. human beings well-being/personal health etc.),
greed seems to always win under the present rules, this needs to change.
Let's not forget that greed alone is a false economy even for tax payers as the public costs associated to excessive unregulated greed is immense for society ranging from mental health to work-related stress --->NHS additional costs. social impact and more implications.
There is no point in being a very stressed and over-worked young pilot on 50-80K p.a. when in a few years we will end up all highly stressed/ill and surrounded by millions of unemployed without homes ready to riot against us. We have just seen it happening somewhere else and it could have easily got out of control.
I am not a socialist at all, rather the opposite to be honest, however I strongly believe that this unprecedented crisis s proving that we must change the rules of unregulated greedy capitalism or it we all will end up in a very uncomfortable situation.
Many of us would love to go part time, yes less money but much happier & healthy in the end. Much safer too. This concept should apply to all, including WW and AC,.