It's about time. Only in a money obsessed country could a necessity of life like water could become a commodity. They need to go further. Water isn't an optional luxury.
#Bonuses
Thames Water increased their charges this April:
Water used
£1.9145 / m^3 --> To £2.4743 / m^3
Waste water removed
£1.1537 / m^3 --> £1.5480 / m^3
Admittedly they have reduced the fixed charges:
Water used
£12.21 -> £4.73
Equal to ~ 3 m^3
Waste water removed
£35.12 -> £9.64
Equal to ~ 16.5 m^3
"Thames Water is set to receive a massive £3 billion Government bailout…company bosses are still cashing in with huge bonuses."
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"It’s just been announced that Thames Water executives are set to receive new bonuses, funded by a staggering £3 billion emergency bailout from the Government. This isn’t just ridiculous - it’s utterly insulting!"
It looks like the rich are trying to gut the UK as well as the US...
Parasites, the lot of them! 😡
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You are a telecom company!
How come your employees can't use your service to do their jobs wherever they are?!
Telecom tells employees they won’t get bonuses if they don’t follow RTO policy
Royal Mail accused of faking deliveries
#RoyalMail #managers accused of #faking deliveries to keep their yearly #bonuses
#Postal #workers say they've been told to record some #parcel #deliveries as “inaccessible”, even if they never attempted to deliver it
Thus operations managers still receive their bonuses, understood to be based in part on hitting targets for the number of parcels that leave Royal Mail depots
https://www.msn.com/en-gb/money/other/royal-mail-accused-of-faking-deliveries/ar-AA1wnVFO
Revealed: #ThamesWater diverted ‘cash for clean-ups’ to help pay #bonuses | Thames Water | The Guardian
#Privatization of the #WaterIndustry in the #UK has been a disaster and shows the very worst of #Capitalism. The #water companies ought to be forcibly nationalized for all the harm they’ve done.
#ThamesWater diverted ‘cash for clean-ups’ to help pay #bonuses - https://www.theguardian.com/business/2024/dec/23/revealed-thames-water-diverted-cash-for-clean-ups-to-help-pay-bonuses paying themselves bonuses with money to fight pollution; these people must go to #prison
#ThamesWater boss defends exec #bonuses as #SewageSpills soar
Thames reported a 40% rise in #sewage #pollution with 359 incidents in the six months to September.
Lora Jones & Simon Jack, December 10, 2024
"The boss of Thames Water has defended executive bonuses as the firm calls for a hike in customer bills to ensure its survival.
"Chris Weston said the supplier needed to offer "competitive packages" to attract talent, but the water regulator has previously said that customers must not foot the bill for "undeserved bonuses".
"It comes as the embattled company saw a 40% increase in pollution incidents in the six months to 30 September, as its debts continued to swell, according to its latest set of results.
"Thames approaches a critical moment next week, with Ofwat set to decide whether to allow a proposed 59% increase in consumer bills over the next five years.
"The ailing business is saddled with debts which stood at just under £16bn at the end of September.
"The firm has said customer bills need to rise or else it will not be able to recover from its financial crisis. However, if the company does collapse, water supplies will not be affected.
"Water firms across the UK have faced a fierce backlash over sewage discharges and pipe leaks in recent years, but Thames has been in the spotlight given its debt pile, and the fact one in four people in the UK rely on it.
"Critics have argued the water industry has historically neglected investment in favour of paying executive bonuses and shareholder dividends.
"But on Tuesday, Mr Weston defended bosses getting £770,000 in bonuses.
"'I completely understand that there are customers out there who struggle with their bills,' he added, pointing to bill support offered to about 377,000 customers in the last year.
"Mr Weston, who was hired in January, was also awarded a bonus of £195,000 for his first three months at the company."
Read more:
https://www.bbc.co.uk/news/articles/cg4zklxgwwwo
#WaterIsLife #ThamesRiver #England #PowerCorruptionAndLies #EatTheRich
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After her 149th and final show, Swift’s production company confirmed to the #NYTimes that 10,168,008 people attended the Eras Tour — and that it sold $2,077,618,725 in total #ConcertTickets, making it the bestselling tour of all time.
Swift Also Won Hearts By Sending Out Nearly $200 Million In #Bonuses To Dutiful #WorkingClass Tour Staffers Well Out Of Spotlight, Handling #Costumes #Choreography, Transportation, #Merch, #Pyro & Lighting Gear Etc
https://people.com/taylor-swift-gave-eras-tour-crew-usd197-million-in-bonuses-exclusive-8758216
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They are laughing in our faces...
"Bonuses for water company bosses in England and Wales rose to £9.1m this year despite record sewage discharges into rivers and seas.
More than a third of that total comprised bonuses at Severn Trent, which was fined £2m this year for “reckless” pollution but lifted its bonuses to £3.36m"
#London investment #bankers to rake in bigger #bonuses after two-year slump - https://www.theguardian.com/business/article/2024/jul/01/london-investment-bankers-bonuses-interest-rates
#ToryPoliciesInAction #MoneyForTheRichAustetityForThePoor #GE2024
Companies need to be careful with #bonuses and the plans they put in place. You can incentivize bad behavior, like #WellsFargo did, or you can disincentivize the behavior you want. My bonus plan got turned on its head, now the most high dollar things I can do provide me no incentive. And those are the things that have the shortest turn around and the hardest to achieve. Now when I have to pick what I work on, they are at the bottom of the list. I'm not putting in "overtime" for them. #consulting
Via Rail paid $11 million in bonuses amid travel delays and losses
VIA Rail handed out millions of dollars in bonuses to executives and staff, even though 40 per cent of its trains were late last year, newly released documents show.
#globalnews #Canada #Consumer #Politics #bonuses
https://globalnews.ca/news/10529303/via-rail-paid-11-million-in-bonuses-delays/
Via Rail paid $11 million in bonuses amid travel delays and losses
VIA Rail handed out millions of dollars in bonuses to executives and staff, even though 40 per cent of its trains were late last year, newly released documents show.
#globalnews #Canada #Consumer #Politics #bonuses
https://globalnews.ca/news/10529303/via-rail-paid-11-million-in-bonuses-delays/
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