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Debate House Prices


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OK for one, but not for the other

To start this thread, I have to say I disagree with housing payments for people earning this much money as a matter of principla. I don't see why, having earnt so much, they can't pay for their own house like the rest of us do.

However, while the head of the BOE, Mark Carney get's 250k a year (1.25m in total) towards housing costs, it's seen as "unfathomable" and Vince Cable had become "annoyed" when he learned that he head of the Royal Mail, Moya Greene had received one payment of £250,000 for housing costs.

This was on top of a basic salay of 498k, 200k in liee of apension and 400k under a short term incentive plan (which appears to include paying for flights so she can go away on holiday).

So, while both are, in my mind, outrageous, howcome one is having to pay the money back as it's wrong, but one continues to enjoy the payment?
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Comments

  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 August 2013 at 5:16PM
    To start this thread, I have to say I disagree with housing payments for people earning this much money as a matter of principla. I don't see why, having earnt so much, they can't pay for their own house like the rest of us do.

    However, while the head of the BOE, Mark Carney get's 250k a year (1.25m in total) towards housing costs, it's seen as "unfathomable" and Vince Cable had become "annoyed" when he learned that he head of the Royal Mail, Moya Greene had received one payment of £250,000 for housing costs.

    This was on top of a basic salay of 498k, 200k in liee of apension and 400k under a short term incentive plan (which appears to include paying for flights so she can go away on holiday).

    So, while both are, in my mind, outrageous, howcome one is having to pay the money back as it's wrong, but one continues to enjoy the payment?


    I don't really have a problem with those examples as they are part of a package offered and paid by their employer. What I do have a problem with is people like Bob Crow who lives in a social housing property, it isn't that I dislike him, it is that people on his salary of £145k should not be able to live in social housing, there are far better deserving cases than him.

    http://www.dailymail.co.uk/property/article-1390037/Earn-145-000-like-Bob-Crow-Then-forget-council-house.html
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    To start this thread, I have to say I disagree with housing payments for people earning this much money as a matter of principla. I don't see why, having earnt so much, they can't pay for their own house like the rest of us do.

    However, while the head of the BOE, Mark Carney get's 250k a year (1.25m in total) towards housing costs, it's seen as "unfathomable" and Vince Cable had become "annoyed" when he learned that he head of the Royal Mail, Moya Greene had received one payment of £250,000 for housing costs.

    This was on top of a basic salay of 498k, 200k in liee of apension and 400k under a short term incentive plan (which appears to include paying for flights so she can go away on holiday).

    So, while both are, in my mind, outrageous, howcome one is having to pay the money back as it's wrong, but one continues to enjoy the payment?


    No surprise
    I know of a Delivery Sector Manager in Scotland who has just got a promotion to a job in London
    Massive payrise,housed with payments for flights home
    Also family will be flown down at times where is required to stay in London
    Moya was brought in for privitisation. Hence why she wanted nothing to do with a pension
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    To start this thread, I have to say I disagree with housing payments for people earning this much money as a matter of principla. I don't see why, having earnt so much, they can't pay for their own house like the rest of us do.

    However, while the head of the BOE, Mark Carney get's 250k a year (1.25m in total) towards housing costs, it's seen as "unfathomable" and Vince Cable had become "annoyed" when he learned that he head of the Royal Mail, Moya Greene had received one payment of £250,000 for housing costs.

    This was on top of a basic salay of 498k, 200k in liee of apension and 400k under a short term incentive plan (which appears to include paying for flights so she can go away on holiday).

    So, while both are, in my mind, outrageous, howcome one is having to pay the money back as it's wrong, but one continues to enjoy the payment?

    If I agreed a pay & benefits package with my employer and Vince Cable retrospectively objected I'd invite him to 'do one'.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you can't afford to pay for the housing you want, you don't take the job. Fact. That's how it works for the rest of us.... you know the salary, you balance that against the cost of living close by/where you want ... and you choose.

    Can't afford it?
    Tough. Plenty more able applicants where that one came from.

    That's how it works for people with less money.

    It seems the more you've got, the more freebies you get tossed.

    Actually in the real world a relocation allowance is very normal, even for people far less important than the governer of the BoE.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It seems the more you've got, the more freebies you get tossed.

    No.

    The better you are at what you do, the more employers will compete to recruit you, rather than you competing for the attention of your employer.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    lvader wrote: »
    Actually in the real world a relocation allowance is very normal, even for people far less important than the governer of the BoE.

    We recently paid relocation costs for a junior person at work. I think it was a one way standard class flight and a week in a travelodge whilst they flat hunted. Not quite the same as paying their entire housing costs for the duration of their contract...

    Not that I have a massive issue with it as it is no different to paying a CEO more than a shelf stacker. Employers will pay what they need to in order to attract the right people.

    It's the public sector which gets it so wrong, hiring uninspiringly crap people and rolling out the red carpet when there were plenty of other uninspiringly crap people they could have hired without it. They usually get stung on the way out as well when the rubbish person manages to elect themselves a huge pension payment on the way out when they are asked nicely to do one after 2 years of gross incompetence.
  • I was hired to go to the Far east on a 3 to 5 year contract [I stayed 6 years]. Apart from a decent salary and bonus, my package also included car and accommodation. The rental costs for apartments in Korea/Shanghai exceed that for similar UK places, so I would not have accepted the deal if I had to pay for accommodation.

    The icing on the cake, however, was that they paid for me to ship my entire belongings over there, and back again, leaving me free to earn 24K plus on rental income on my main house here without suffering furniture wear and tear.

    So I see nothing wrong (in principle) with what was negotiated here, although the amounts concerned are probably taking the pi$$.
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    So I see nothing wrong (in principle) with what was negotiated here, although the amounts concerned are probably taking the pi$$.

    I'm with this.

    There's nothing wrong with a payment of £2000 a month; especially as these are essentially government roles!

    CK
    💙💛 💔
  • antrobus
    antrobus Posts: 17,386 Forumite
    ... Vince Cable had become "annoyed" when he learned that he head of the Royal Mail, Moya Greene had received one payment of £250,000 for housing costs.
    ....

    Which she has how agreed to repay.

    http://www.telegraph.co.uk/news/uknews/royal-mail/10218554/Moya-Greene-will-repay-250000-perk-to-buy-a-house-after-Vince-Cable-said-he-would-have-vetoed-it.html
  • antrobus wrote: »
    :T:T:T

    Yes, hence the last line of the OP.

    'So, while both are, in my mind, outrageous, how come one is having to pay the money back as it's wrong, but one continues to enjoy the payment?'

    That's the point of the thread, she is paying it back whilst he isn't.

    See - the thread is about the inconsistency in the issue.

    Otherwise it would read 'why don't these two pay it back'.
    Sanctimonious Veggie. GYO-er. Seed Saver. Get in.
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