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And How Is Tesco's Boss Worth 9.93 Million Salary?

(42 Posts)
Germanshepherdsmum Wed 15-May-24 09:51:23

Market forces dictate salaries. Companies such as Tesco are required to have a remuneration committee and shareholders vote on salaries of senior executives. Anyone here think they could do the job?

Smileless2012 Wed 15-May-24 09:48:54

eazybee isn't having a go at Labour confused.

keepingquiet Wed 15-May-24 09:40:14

eazybee

Disgraceful.
I wonder if Labour have any plans for preventing these obscene salaries?

Haha- the Tories have allowed it to happen so lets have a go at Labour who havent been in power for fourteen years!

eazybee Wed 15-May-24 09:28:52

Disgraceful.
I wonder if Labour have any plans for preventing these obscene salaries?

Vintagewhine Wed 15-May-24 07:44:30

Obscene to pay that amount of money to anyone. I don't shop at Tesco and definitely won't in the future. How much does Tesco pay our farmers for their meat, veg and fruit. An absolute pittance!

maddyone Tue 14-May-24 23:11:30

Good grief, I didn’t know. Absolutely no one is worth even half that salary, it’s pure and unadulterated greed.

Georgesgran Tue 14-May-24 23:04:39

I prefer to drive a bit further to Tesco, rather than use Sainsbury’s which is closer.

Ridiculous salary though!

DamaskRose Tue 14-May-24 23:01:21

I shop there as there isn’t much choice, nearest Sainsbury’s is an hour’s drive, no Waitrose or Ocado. His salary is outrageous.

RosiesMaw Tue 14-May-24 22:28:40

Well he’s not paid by me as I NEVER shop at Tesco.

Callistemon21 Tue 14-May-24 22:18:36

We shop there sometimes (well, through lack of choice) and find it ok and the staff very helpful and friendly.

However that is unconscionable especially in the light of all the job cuts and redundancies.

The chief executive has been paid 431 times the wage of the average Tesco worker – £23,010

valdavi Tue 14-May-24 22:15:32

Our Tescos isn't awful either. But 9.3m is ridiculous!

henetha Tue 14-May-24 22:13:17

I don't find Tesco awful. But I do resent that high salary.

keepingquiet Tue 14-May-24 19:52:00

I just did my Tesco shop too!

HousePlantQueen Tue 14-May-24 18:58:06

And it is paid in Southern Ireland, for tax reasons. Yet another of several reasons why I never shop in Tesco

Coronation Tue 14-May-24 18:55:07

Tesco is an awful shop too! I rarely use it

25Avalon Tue 14-May-24 18:35:11

Unbelievable then and now.

mae13 Tue 14-May-24 18:30:30

It was 2.2 million just twelve months previously.

Hell's Bell's!