What the strawberry float?

PostWhat the strawberry float? by **Peter Crisp** » Fri Mar 23, 2018 3:59 pm

I've just seen that the receiver for Carillion is paying it's staff £12,500 a week to handle the winding up of the company and this seems strawberry floating moronic.
How can we let companies who are supposed to come in and try and avert disaster charge so much?

I remember when I got made redundant at Woolies when it collapsed we had a few visits from these guys and we knew they were on a small fortune and all they seemed to do was spout bollocks and bugger off. Why these charges aren't a national scandal is beyond me

.

http://www.constructionenquirer.com/201 ... -collapse/

PostRe: What the strawberry float? by **Preezy** » Fri Mar 23, 2018 4:05 pm

Stop it Petr why cant u just sport are troops it was all dem polish builders wot done it not are brave administrators strawberry floats sake pmsl wot r u like

Preezy wrote:Stop it Petr why cant u just sport are troops it was all dem polish builders wot done it not are brave administrators strawberry floats sake pmsl wot r u like

Eh?
I support our troops by having the UK Defence Journal as a favourite site and visit it ever day. That makes me practically head guy in the SAS.

https://ukdefencejournal.org.uk

I hope you all stand and salute when you open that link. I know I do.

PostRe: What the strawberry float? by **Rightey** » Fri Mar 23, 2018 4:23 pm

Don't worry Peter, I'm sure you'll be glad to know that at least some other organizations like Toys R Us are being reasonable by maintaining their commitment to pay their executives bonuses even in these difficult times for their company...

https://www.usatoday.com/story/money/na ... 925447001/

BERGEN COUNTY, N.J. — The judge overseeing the Toys R Us bankruptcy case ruled Tuesday that the insolvent retailer can pay its 17 top executives $14 million in incentive bonuses.

Toys R Us, which is based in Wayne, N.J., agreed to trim its original $16 million bonus proposal by $2 million, and to make $5 million of the bonus payout contingent on the company creating a business plan that allows it to emerge from bankruptcy.

The company said the bonuses are necessary because they motivate executives to boost sales during the critical holiday shopping season.

Bankruptcy Judge Keith Phillips overruled objections by the U.S. Trustee's office, which serves as a public watchdog in bankruptcy cases, that executives at Toys R Us are already highly paid compared to other retail leaders, and that they also receive lavish perks, such as cars and drivers and private airplane trips....

PostRe: What the strawberry float? by **Preezy** » Fri Mar 23, 2018 4:29 pm

Being an executive at a top company is a bit like being a professional footballer. So long as you turn up you get paid a fortune, doesn't seem to matter if you're any good or not. What a life.

PostRe: What the strawberry float? by **Moggy** » Fri Mar 23, 2018 4:30 pm

Are the staff getting £12.5k per week each?

Because if so, I am applying for a job.

Moggy wrote:Are the staff getting £12.5k per week each?

Because if so, I am applying for a job.

The staff of the Administrators are.

PostRe: What the strawberry float? by **OrangeRKN** » Fri Mar 23, 2018 4:36 pm

Who is paying them that money?

Last edited by Peter Crisp on Fri Mar 23, 2018 4:46 pm, edited 1 time in total.

OrangeRakoon wrote:Who is paying them that money?

The administration company who then charge Carillion who are then in even more gooseberry fool than they were before I suppose.

It's seems a tad odd that a company collapses and then these guys roll in (they may as well turn up Veyrons, they can afford them) and make a strawberry floating fortune.

This story got me angry but then I read a story on UK defence Journal that a company has chosen (and not at gunpoint I might add) the the team name Inzpire for a contract to support defence training and I forgot all about carillion as Inzpire is just so strawberry floating awful it does my head in.

INZPIRE!!!!!!!!!!!!!!!!!!!!!!! strawberry float those guys.

PostRe: What the strawberry float? by **jawafour** » Fri Mar 23, 2018 4:43 pm

Preezy wrote:Being an executive at a top company is a bit like being a professional footballer. So long as you turn up you get paid a fortune, doesn't seem to matter if you're any good or not. What a life.

80s/90s - Workers at companies share in the success of the company. CEO gets £80k, workers get £25k.
2000s - Workers at companies get treated like gooseberry-fool. CEO gets £3m, workers get £20k.

Broadbrushing, of course, but pretty accurate.

jawafour wrote:
Preezy wrote:Being an executive at a top company is a bit like being a professional footballer. So long as you turn up you get paid a fortune, doesn't seem to matter if you're any good or not. What a life.

80s/90s - Workers at companies share in the success of the company. CEO gets £80k, workers get £25k.
2000s - Workers at companies get treated like gooseberry-fool. CEO gets £3m, workers get £20k.

Broadbrushing, of course, but pretty accurate.

Pretty much and places like Fox News will call you a communist if you point out that the current situation may not be all that fantastic but it could be worse we could all work for a company called Inzpire

.

PostRe: What the strawberry float? by **Jenuall** » Fri Mar 23, 2018 5:29 pm

jawafour wrote:
Preezy wrote:Being an executive at a top company is a bit like being a professional footballer. So long as you turn up you get paid a fortune, doesn't seem to matter if you're any good or not. What a life.

80s/90s - Workers at companies share in the success of the company. CEO gets £80k, workers get £25k.
2000s - Workers at companies get treated like gooseberry-fool. CEO gets £3m, workers get £20k.

Broadbrushing, of course, but pretty accurate.

Whilst it has now got to ridiculous proportions things were already completely strawberry floated up by the late 80s. I think by the mid 90s you already had the average CEO earning 100x what the average worker did. :fp:

PostRe: What the strawberry float? by **Rightey** » Sat Mar 24, 2018 1:51 am

You know it really strikes me as odd that there's so much talk of automating "low skill" jobs like sales people, or warehouse workers when in reality these are pretty complex jobs that involve walking, dealing with oddly shaped items, other people etc. and there's virtually no talk of automating high level executive positions which would be incredibly simple to do by comparison (read reports compiled by analysts that work for the company, aggregate data, and then make high level policy decisions).

Yes... Very puzzling indeed...

Rightey wrote:You know it really strikes me as odd that there's so much talk of automating "low skill" jobs like sales people, or warehouse workers when in reality these are pretty complex jobs that involve walking, dealing with oddly shaped items, other people etc. and there's virtually no talk of automating high level executive positions which would be incredibly simple to do by comparison (read reports compiled by analysts that work for the company, aggregate data, and then make high level policy decisions).

Yes... Very puzzling indeed...

It's almost as if powerful wealthy people are harder to get rid of than powerless poor people.

The best time to automate high level positions would be during an economic disaster, and only in companies badly impacted by it, but not enough to go under. The public won't have any sympathy for the bigwigs, poor folk will be able to keep their jobs, everybody wins.

PostRe: What the strawberry float? by **Rightey** » Sat Mar 24, 2018 2:35 am

Alvin Flummux wrote:
Rightey wrote:You know it really strikes me as odd that there's so much talk of automating "low skill" jobs like sales people, or warehouse workers when in reality these are pretty complex jobs that involve walking, dealing with oddly shaped items, other people etc. and there's virtually no talk of automating high level executive positions which would be incredibly simple to do by comparison (read reports compiled by analysts that work for the company, aggregate data, and then make high level policy decisions).

Yes... Very puzzling indeed...

It's almost as if powerful wealthy people are harder to get rid of than powerless poor people.

The best time to automate high level positions would be during an economic disaster, and only in companies badly impacted by it, but not enough to go under. The public won't have any sympathy for the bigwigs, poor folk will be able to keep their jobs, everybody wins.

Yeah that worked really well in 2008. Although, I think in that case if you told people that now instead of a person the largest decisions regarding your money will be handled by a computer you'd probably get pretty significant backlash (even though a lot of financial trades are now just done by AI)

Rightey wrote:
Alvin Flummux wrote:
Rightey wrote:You know it really strikes me as odd that there's so much talk of automating "low skill" jobs like sales people, or warehouse workers when in reality these are pretty complex jobs that involve walking, dealing with oddly shaped items, other people etc. and there's virtually no talk of automating high level executive positions which would be incredibly simple to do by comparison (read reports compiled by analysts that work for the company, aggregate data, and then make high level policy decisions).

Yes... Very puzzling indeed...

It's almost as if powerful wealthy people are harder to get rid of than powerless poor people.

The best time to automate high level positions would be during an economic disaster, and only in companies badly impacted by it, but not enough to go under. The public won't have any sympathy for the bigwigs, poor folk will be able to keep their jobs, everybody wins.

Yeah that worked really well in 2008. Although, I think in that case if you told people that now instead of a person the largest decisions regarding your money will be handled by a computer you'd probably get pretty significant backlash (even though a lot of financial trades are now just done by AI)

Run a campaign with ads demonizing the human bigwigs and bigging up the machines.

PostRe: What the strawberry float? by **Dowbocop** » Sat Mar 24, 2018 7:09 am

Peter Crisp wrote:
OrangeRakoon wrote:Who is paying them that money?

The administration company who then charge Carillion who are then in even more gooseberry fool than they were before I suppose.

It's seems a tad odd that a company collapses and then these guys roll in (they may as well turn up Veyrons, they can afford them) and make a strawberry floating fortune.

The administrators will be from one of the big four accountancy firms (PWC, EY, KPMG or Deloittes - it used to be a big five but Arthur Andersen went under). All these firms are doing quite well thank you very much so not too much of a scandal.

I would advise you to steer clear of the last ten pages of Private Eye if administrators upset you :lol:

What the strawberry float?

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