I want to meet directors and or their wives
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I really want to meet the directors of financial boards with their wives .Or is that too complicated and taxing for my little brain ? Could not make of a mess of Corrillion or the railways if run by women surely .Maybe their wives have a thing or two say about their comments ,or are they too busy doing their nails?
My wife IS a director!
I was a Director for many years and believe me it is a responsibility one should not take lightly.
These people were driven by greed and assumed, wrongly, that the Government would bail them out. I cannot believe they were that stupid to think they would get away with it.
I truly believe the Directors should be held to account and pay up with whatever assets they hold personally and professionally.
It never ceases to totally amaze me how much these directors get paid and the massive bonus payments they award themselves ! Even at the expense of the company pension fund, plus they seem to get away with it, with no apparent guilt!
But they have or are going to be bailed out by us( even if I don’t pay much to HMRC )I begrudge every penny.RBS shares sold for a song.And I read today that not only are Corrillion being audited by one of the big 4 .It is going to cost the taxpayer!
I was once told I was ” well paid for a woman in Wiltshire” !
I understand all the comments above, but if it is legal why not, I was the Director of several companies in the UK, each year the profits that the companies made were drawn out in salaries, pension contributions & expenses, then loaned back to the companies to fund operating costs at a high rate of interest, my liability 1gbp, perfectly legal,that’s why the company employs accountants, the company assets were negligible, tax liability zero, it is called business, I know most of you will disagree in the ethics,but since when did ethics come into business.
Ethics do come into it in my world…….staff loose their jobs, then loose their homes through no fault of their own. Pension funds are depleted and as a tax payer we have to fund the redundancy and the expenses with loss further loss to the tax payer.
It should not be possible to behave in such a manner.
You may well be right Liz, but until the rules are changed you play by the rule.
Whenever I have been a director I was as pure as driven snow.
What I was really moaning about was not only their incompetence in certain cases, but the justifications for keeping women off boards.Which is why I wondered what their wives have to say.
Ethics? As the editor of one daily newspaper in the UK once said “Didn’t they once win the (cricket) county championship?”
My topic on PPI insurance mis-selling shows the high standard of ethics practised by our banks! I have no idea how many women sit on the boards of banks in the UK, or Spain.
Answer very few if any in the Uk .Think my rainy day mission will be to look at french boards ,then italian but my spanish is rusty to say the least!I do know that directors can and are prosecuted in France for corporate negligence ,I am very interested to see what will happen in the buck passing Grenfell disaster.
I do not believe women should automatically be given a place on any board, just to make up the numbers, and why should they, if the merit a place then they should be considered, but even then they need to be compatible with the other members, I have employed women in the past, it has been a nightmare, time off because little Johnny is unwell, time off because schools are on strike, time off it is that time of the month, months off because they are pregnant,the list goes on & on, you can’t run a business never knowing if your staff are going to turn up.
It must be said, though, that sometimes the best man for the job is a woman. I think you’re overgeneralising with regard to women and time off, whatnow, either overgeneralising or stereotyping. I’m not saying these things didn’t happen to you when you employed women, but I don’t think it’s as widespread as that. Men can be equally skivers.
How about equal pay ,then when ” little Johnny ” is unwell then British dad can lend a hand in looking after HIS child .Likewise pregnancy is for the benefit of future generations.
Directors ( not all)seem to only line their own pockets ,especially in the Finance sector.Maxwell,Bhs and Corillion,Fred the shred etc etc
The whole purpose of running a business is to make money, it does not provide a welfare service, whether the husband helps out with childcare is for them to sort out among themselves, it should not fall to the employer, if a couple decides to start a family, then they should accept the consequence of their own actions, not expect others too.
In a lot of families these days the woman of the family HAS to work for them to afford their lifestyle, okay you could argue that they should adapt their lifestyle accordingly but that isn’t always a realistic option. Things have changed in today’s world, when I had our girls there was no paternity leave, not imte off for Mr. F. and no alternative for me but to just get on with it, look after the children and the home while Mr. F. worked his socks off to keep us, as it was for most in our working class environment. Thankfully girls have a lot more opportunities now and their horizons are wider.
I understand your argument whatnow concerning some of the issues you may have encountered with working women but I don’t think you can generalise in such a manner as you have. A lot of companies value their women workers enough that they are willing to accept they come with the responsibilities of childcare, often provide creche facilities to encourage women to take up the posts they feel are better served by women and are flexible when required, I don’t think they feel that they are responsible for their employees’ childcare merely that they are prepared to try and come to a mutually suitable arrangement.
Our daughter has a very demanding and responsible full-time job and has now got a school-age stepson and his needs to fit into her day to day and working life. her employees value her enough to have allowed her to work from home two days a week, she hasn’t asked them to be responsible for his care, she has not changed her attitude and dedication to her job, just found a way to do both.
I agree the idea is to make money .But to vote yourself and other directors mind blowing sums then bankrupt the company and it’s pension fund is to my mind theft .
And not making money for anyone if it’s bankrupt!!!
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