CEO’s pay packet surges to £791,000 as union says public ‘sick of obscene pay’ and bosses ‘feathering own nests’
Wessex Water awarded its chief executive an above-inflation pay increase even as the company was banned from paying bonuses because of sewage spills, it has emerged.
Ruth Jefferson received a 14% base salary increase in October, from £590,000 to £670,000, before other benefits, according to accounts published this month. It was far above the 3.5% given to workers, and put her pay at 18 times that of the company’s median employee.
Continue reading...
Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds
Documents how extreme wealth concentration enables the richest to profit from both climate destruction and its consequences, creating… [more]