Have just been reading about the UK bank bail out and the fact that several chief execs have resigned with no severance pay...also, there will be no executive bonuses paid whilst the banks are under the control of the govt.
It strikes me that when we face losing £5-10k of our pension a year, then the very least that our union should be pushing for is that our chief exec should leave with NOTHING next year...or the hit on our pensions is lining his pocket. In the current economic climate his 13% payrise last year is obscene and a slap in the face to everybody below management pay grade. Just a thought.