tag:blogger.com,1999:blog-1189064357283855936.post2774557112408960947..comments2024-02-01T09:25:16.606+00:00Comments on Bubb's Blog: "An attack on one is an attack on all"Sir Stephen Bubbhttp://www.blogger.com/profile/13575202213305419556noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1189064357283855936.post-46440006403655144042009-11-11T11:12:16.385+00:002009-11-11T11:12:16.385+00:00Fair , but only to a point. They said quite clearl...Fair , but only to a point. They said quite clearly that an excessive City pay culture was pervading the sector . This is not simply untrue but offensive. And I simply do mot accept that these examples show " excessive salaries2 I know that in some of the examples qouted the CEO took a significant pay cut to join our sector . Inded 38% of acevo CEOs took pay cuts when they joined their prganisation . i am not prepared to argue we all adopt hair shirts and expect that , unlike the other 2 sectors we cannot pay peole to run significant businesses with skill and expertese a professional level of salary . i will be posting an excellent article by one of the sestors top accountants which makes the point more eloquently than me later today!!Sir Stephen Bubbhttps://www.blogger.com/profile/13575202213305419556noreply@blogger.comtag:blogger.com,1999:blog-1189064357283855936.post-570073226183816732009-11-10T11:54:07.786+00:002009-11-10T11:54:07.786+00:00Ill-advised as Unite's comments may have been,...Ill-advised as Unite's comments may have been, the Guardian article did in fact state:<br /><br />She [Maskell] stressed that the union's fire was aimed at the "excessive few" and not at the majority of charities, whose chief executives earn on average £57,000 annually, while those running smaller charities take home "a modest £33,000 a year".<br /><br />So Dr Kyle's letter misses the point somewhat, which is that it is the excessive rather than the majority of salaries that Unite has the problem with.Jonathan Sillettnoreply@blogger.com