Standard Life Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9668938 By Mike in Horwich ]]> http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9668938&action=detail Tue, 22 May 2012 11:46:00 GMT Mike in Horwich tag:iii.co.uk,2003:tst.9667771 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9667771&action=detail Tue, 22 May 2012 08:02:00 GMT Fizzin2000 tag:iii.co.uk,2003:tst.9667735 Your Pyramid employees/pay structure sound good. I wished I understood it better. :-) By Fizzin2000 ]]> http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9667735&action=detail Tue, 22 May 2012 07:56:00 GMT Fizzin2000 tag:iii.co.uk,2003:tst.9651370
In essence the pyramid represents the lowest paid workers in the company (the base) and the highest paid worker (the point at the top). I use the phrase "paid worker" purposely for that describes directors as well as shop-floor staff.

The pyramid should be more akin to those in Egypt than the Transamerica Pyramid in San Francisco.

The sides therefore should not be near vertical as that implies the top employee is earning many, many times that of the lowest. In fact, if government wished to apply laws to limit director remuneration they could do worse than employ a mathematician to calculate the angle of the sides of this pyramid and apply a maximum degree from the horizontal.

Consider a company with massive numbers of employees at the low pay levels. The base would be quite wide. The top earner would sit quite high if the maximum "angle" was applied and hence would earn a good salary. Then, times become hard and the base workforce shrinks. By default, the top earner would now have to be paid less as the base shrinks so the height of the pyramid falls if the angle is not increased. This top earner would no longer get "x" times the salary of a base worker but would receive a lesser multiple. This seems fair as there are fewer workers.

We just need an impartial mathematician. Any offers?
By Mike in Horwich ]]> http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9651370&action=detail Thu, 17 May 2012 09:31:00 GMT Mike in Horwich tag:iii.co.uk,2003:tst.9649387 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9649387&action=detail Wed, 16 May 2012 17:55:00 GMT WhoSparticus tag:iii.co.uk,2003:tst.9647143
Cynical or what? You might be correct but then we'd be assuming they could organise such matters when I'd say they'd have difficulty organising a booze-up in a brewery.
By Mike in Horwich ]]> http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9647143&action=detail Wed, 16 May 2012 10:12:00 GMT Mike in Horwich tag:iii.co.uk,2003:tst.9644863 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9644863&action=detail Tue, 15 May 2012 19:32:00 GMT notwarrenbuffet tag:iii.co.uk,2003:tst.9644487
The share price is not exactly brilliant and although the markets are in turmoil I just don't see how paying bonuses to a bunch of already highly-paid people can be justified. Anybody else agree with me on this?
By Mike in Horwich ]]> http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9644487&action=detail Tue, 15 May 2012 17:43:00 GMT Mike in Horwich tag:iii.co.uk,2003:tst.9643892 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9643892&action=detail Tue, 15 May 2012 15:25:00 GMT WhoSparticus tag:iii.co.uk,2003:tst.9642222 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9642222&action=detail Tue, 15 May 2012 10:53:00 GMT terribletim tag:iii.co.uk,2003:tst.9638664 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9638664&action=detail Mon, 14 May 2012 13:59:00 GMT Fizzin2000 tag:iii.co.uk,2003:tst.9638144 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9638144&action=detail Mon, 14 May 2012 12:14:00 GMT Fishnthenet tag:iii.co.uk,2003:tst.9637707 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9637707&action=detail Mon, 14 May 2012 11:04:00 GMT DaveAGrant tag:iii.co.uk,2003:tst.9636960 http://www.fairpensions.org.uk/highpay
By AlphaCentauri ]]> http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9636960&action=detail Mon, 14 May 2012 08:41:00 GMT AlphaCentauri tag:iii.co.uk,2003:tst.9631029 http://www.iii.co.uk/investment/detail?code=cotn:SL-.L&display=discussion&id=9631029&action=detail Fri, 11 May 2012 10:50:00 GMT Fizzin2000