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Saffron Building Society

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Comments

  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    yes...i wonder if his pension/compensation are based upon his recently hugely-inflated remuneration.
  • talexuser
    talexuser Posts: 3,553 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So 10% of the pre-tax profits for the entire company goes to the chief exec in salary?
  • Chris2000
    Chris2000 Posts: 318 Forumite
    Part of the Furniture Combo Breaker
    talexuser wrote: »
    So 10% of the pre-tax profits for the entire company goes to the chief exec in salary?
    It's a building society, not a bank. If he's doing his job properly he should be maximising benefits for members by minimising the margin between mortgage rates and savings rates, leaving a small profit. Not wasting money paying corporation tax on a large pre-tax profit.
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