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The owner of a care home group paid himself at least £21m in the last 5 years. He holds 100% of the share capital and in addition paid himself £18.6m in dividends.

(129 Posts)
Dinahmo Tue 17-Jan-23 22:55:25

I know some of you don't want to read long attachments but I think that this one will/should make your blood boil.

www.theguardian.com/society/2023/jan/17/owner-of-uk-care-home-group-paid-himself-21m-despite-safety-concerns

MaizieD Wed 18-Jan-23 13:17:33

Do you really think that is what a Church of Scotland charity is doing, maiz?

I'm not talking about 'not for profit' care homes, am I?

MaizieD Wed 18-Jan-23 13:13:40

^ Government does not generate (make) any money.^

A bit incorrect, that, Baggs. Government is the source of most of the money in this country; the exception being earnings from exports, or foreign investment, which is just money created by another state government...

Despite your distaste for state enterprise I haven't noticed that private enterprise has covered itself with glory while running previously state run enterprises.

MissAdventure Wed 18-Jan-23 13:02:22

I worked for a charity that had all kinds of properties for vulnerable people, and the top wages were quite low, I think.

volver Wed 18-Jan-23 13:00:38

Germanshepherdsmum

Not the world at large at all volver. But it’s very evident on GN.

No its not. You imagine it.

JaneJudge Wed 18-Jan-23 12:59:57

Fleurpepper

Germanshepherdsmum

Profit does seem to be a dirty word. Maybe the care home owners and undertakers should shut up shop and put their money elsewhere - then we’d all be in the soft stuff wouldn’t we?

NO, again, there are ways and ways. Nobody would mind people providing excellent care for the elderly making a good and healthy profit. But this is way over the top. Paying yourself 1 million a year would probably be fine with all.

And there is another way! In many countries, Care Homes are not privatised, and have to be run by Charity Foundations as non-profit organisations. Managers are highly paid, and other staff paid well too, but the aim is not to make massive profits on the back of the sickest and oldest. Which is indeed shameful in the extreme.

There still are charity run care homes and organisations that provide care in this country. I wonder how much their CEO's get paid in comparison?

I've just googled for arguments sake, it is 153k pa and then I googled the CEO of MHA for example, who sounds like he is a CEO of a care company because he has the credentials to be one

www.carehome.co.uk/news/article.cfm/id/1677423/5-minutes-with-Sam-monaghan

Germanshepherdsmum Wed 18-Jan-23 12:59:44

Not the world at large at all volver. But it’s very evident on GN.

MissAdventure Wed 18-Jan-23 12:59:30

Wow.
I must read that report, and say that the place I worked gave exemplary care, in every respect.

Fleurpepper Wed 18-Jan-23 12:57:56

THAT is the massive problem- not the riches accumulated. THIS is the context and the reality

''Problems reported by inspectors include not enough care workers, meaning residents unable to get to the toilet, stuck in bed, lacking activities, feeling “trapped” and “at risk of harm”.

Inspectors heard reports of “awful” food and found some staff who were not trained or checked for criminal records. In one home, inspectors found residents were restrained by staff strapping a table top to a chair.

Several breached Care Act regulations including for a lack of staff to look after people safely and protecting people from abuse.''

and in the above circumstances, it is just disgusting and depraved.

volver Wed 18-Jan-23 12:57:41

Gosh this thread's moving fast...

volver Wed 18-Jan-23 12:56:59

No you don't. Of course you don't. Nobody's asking you to but you brought it up anyway.

But you do need to accept the fact that the world at large doesn't hate people for being well off and that anybody who thinks that needs to get with the program.

MissAdventure Wed 18-Jan-23 12:55:48

Call me cynical, too.
Also, the home help service was a great one, too.

Age uk run one now, but it is pretty expensive.

Fleurpepper Wed 18-Jan-23 12:54:14

MissAdventure

I was just thinking of the idea of council run homes, then I remembered, they've almost all gone now.

Could it be at all possible that was not ba chance!?! (call me cynical).

Fleurpepper Wed 18-Jan-23 12:53:15

Quite simple, really. But also make sure your staff are paid well, and the conditions for your pensioners are top-notch.

Then it's fine to be rich. Quite simple!

Germanshepherdsmum Wed 18-Jan-23 12:52:40

I don’t have to justify myself or my financial situation - but I stand by what I said.

volver Wed 18-Jan-23 12:48:43

There is great hatred of people who make money in this country and that hatred is much in evidence on GN.

Others have commented but I have to have my say on this. Apologies if it sounds too personal GSM, but you really have to get over this ridiculous idea that we hate people with money. It's just a daft justification for being well off; to assert that people hate you for it. If you are well off good on you. Well done. Now, pay the taxes you're due and nobody will bat an eyelid.

MissAdventure Wed 18-Jan-23 12:47:19

I was just thinking of the idea of council run homes, then I remembered, they've almost all gone now.

JaneJudge Wed 18-Jan-23 12:42:24

MissAdventure

I would imagine it is entirely feasible for a home to be both profitable, and up to standard for the people who live there.

I know. I don't think some people read the whole article. Letting their clients eat cereal and bread and butter when getting paid enough for someone to make a massive profit out of that care isn't acceptable, neither is rough handling and whatever else goes on. As we are all human beings in a Western country we should want everyone to receive a good standard of care, shouldn't we? especially if it is being paid for by the state. Care shouldn't be seen as something to make money out of and those are my own feelings on the matter.

I'd have thought someone investing in care to make vast amounts of money for themselves is an impractical scheme for social improvement too.

Fleurpepper Wed 18-Jan-23 12:23:43

Utopia? No.

The opposite as described in OP is just abuse of the weak, infirm and those who have sadly lost their mind. Sick.

Fleurpepper Wed 18-Jan-23 12:21:38

Germanshepherdsmum

Profit does seem to be a dirty word. Maybe the care home owners and undertakers should shut up shop and put their money elsewhere - then we’d all be in the soft stuff wouldn’t we?

NO, again, there are ways and ways. Nobody would mind people providing excellent care for the elderly making a good and healthy profit. But this is way over the top. Paying yourself 1 million a year would probably be fine with all.

And there is another way! In many countries, Care Homes are not privatised, and have to be run by Charity Foundations as non-profit organisations. Managers are highly paid, and other staff paid well too, but the aim is not to make massive profits on the back of the sickest and oldest. Which is indeed shameful in the extreme.

DaisyAnne Wed 18-Jan-23 12:17:51

Germanshepherdsmum

Profit does seem to be a dirty word. Maybe the care home owners and undertakers should shut up shop and put their money elsewhere - then we’d all be in the soft stuff wouldn’t we?

Profit, not being sentient, cannot be "immoral". The way people "earn" it can.

The amount of personal wealth cannot be "immoral" it's simply a number. But the way people accumulate it and the way they use it could be.

I have a feeling some of you have been reading the client media comics supporting the far-right groups in Parliament, again. grin

Realism is usually somewhere in the middle.

DaisyAnne Wed 18-Jan-23 12:04:00

Norah

Germanshepherdsmum
There is great hatred of people who make money in this country and that hatred is much in evidence on GN.

Indeed.

There is also a strong bias toward the far-right, of members who like to say things such as the above without a single fact to support the claimed "hatred of people who make money". I imagine "making money" is something everyone has done in one way or another (working?) at some time. Why would we hate people like ourselves?

A far-right bias is not surprising, considering the possible median age of the forum members. However, lots of people saying something doesn't make what is basically gossip and tittle-tattle, into something factually accurate.

MissAdventure Wed 18-Jan-23 11:59:44

I would imagine it is entirely feasible for a home to be both profitable, and up to standard for the people who live there.

Germanshepherdsmum Wed 18-Jan-23 11:54:06

Profit does seem to be a dirty word. Maybe the care home owners and undertakers should shut up shop and put their money elsewhere - then we’d all be in the soft stuff wouldn’t we?

CraftyGranny Wed 18-Jan-23 11:43:25

Yes, my blood did boil reading the attachment. Private care homes are in line with undertakers for making huge profits from other peoples misery.
Shame on them angry

Fleurpepper Wed 18-Jan-23 11:40:29

Germanshepherdsmum

Utopia.

Why and how?