Will Labour follow Hester's lead?



Labour believe that you should not be rewarded for failure. They say that being paid large sums when ordinary people are suffering is wrong.

I agree.

In May 2010 voters fired the last Labour government for incompetence, yet they received one-quarter of their annual salary as a severance payment.

Total severance payments by Department

Department£
Business, Innovation and Skills54,626
Cabinet Office37,464
Communities and Local Government55,339
Culture, Media and Sport27,302
Children, Schools and Families75,870
Environment, Food and Rural Affairs37,464
Foreign and Commonwealth Office37,464
Health75,870
Home Office73,421
International Development37,464
Ministry of Defence55,546
Ministry of Justice53,832
Northern Ireland Office10,162
Scotland Office51,448
Transport52,177
HM Treasury170,146
Treasury Solicitors44,884
Wales Office27,302
Work and Pensions73,421
Total1,051,202

Notes:
- this is not redundancy pay. These people were replaced not made redundant. If you or I were fired we would not get paid this money.
- this is just for ministers who stayed in the commons. Those who did not received even more money.
- this does not include gold plated pensions.
- Source.

Now that Stephen Hester has given up his bonus (which he actually deserved because he was doing a good job) I assume that we will see Ed Miliband, Ed Balls, Yvette Cooper etc. pay back their severance pay (which they didn't deserve because they left our economy in an absolute mess).

0 comments:

Post a Comment