What a total ****** ****ing tossing pr*ck
Discussion
I wonder if this is why the all the people who appear in the apprentice program appear to be collected from the pool of lifes utter self serving sh*ts, They `may' be business successful but life poor, as not many people would cross the road to p*ss on them if they were on fire. Still with their attitude they bring do it on themselves.
The old adage of trying to be good to people on the way up, because you may find you need them on the way down, seems like good advice to me.
The old adage of trying to be good to people on the way up, because you may find you need them on the way down, seems like good advice to me.
Some Gump said:
Yeah, really happy that. The people you worked with lost their jobs, but that's ok. One of "them" lost his jag. other people doing just as badly as me - makes it all better.
Prick.
Thanks for that!Prick.
We were all amazed that he turned up in a one day old new Jag to sack everyone and then expect a sacked member of staff to wash his car. The sackings included me and everyone else at the depot.
You don't know me so who the hell are you to judge?
I run my family business which is 100 years old this year. I bought out the other shareholders a few years ago and so own my company outright.
For your information, to help keep the business going through a rather difficult period, I dropped my own salary significantly, so that everyone else here could be kept in employment. I even sold my own toys to put more funds in place.
Like my staff here, we all share in the rewards but I try to avoid them being hit by the hard times.
I value my staff greatly and they have all worked for me for years.
I make the effort to keep the place as enjoyable as it can be to work in.
And I also disagree with the stance that you have to be a hard and miserable b
d to survive in business.So stuff you too!
Davel, good on you, and congratulations on your centenary!
That sounds like the kind of business staff would enjoy working in, and I'd guess that you also enjoy having a pleasant, collegiate working environment. As I said in my post a couple of pages ago, if you treat staff well, they'll go the distance for you (with the odd exception).
You put in a bit extra for them when it's needed, they do the same for you, and the result is that your business goes further.
That sounds like the kind of business staff would enjoy working in, and I'd guess that you also enjoy having a pleasant, collegiate working environment. As I said in my post a couple of pages ago, if you treat staff well, they'll go the distance for you (with the odd exception).
You put in a bit extra for them when it's needed, they do the same for you, and the result is that your business goes further.
greggy50 said:
Where I worked the one year the owner said he could not afford to pay out a bonus, he then proceeded to purchase a £650k sunseeker and stuck up a picture of it in reception...
That went down really well!
Ignoring the bit about putting a picture up in reception;That went down really well!
Was he paying for the boat on finance, or had he saved up for it, or did he use the 'bonus' pot to buy it?
How much would the bonus pot be?
How much should the bonus be?
(It's similar in a way to when people complain about the amount of profit some big businesses make.
(Tesco, utilities etc) The actual amount of profit per customer is relatively small, and if for example only half of that profit was made the difference to an individuals bill would be pretty insignificant.)
spitsfire said:
Didn't mean that post to sound quite so tetchy - it's just I do get irked when folk show empathy for a group of people who collectively caused the worst economic crash in living memory, but managed to avoid the consequences of their actions because they'd been pocketing obscene amounts of cash in the run up. Hester, who's career started at Credit Suisse, and spent the half of the naughties at British Land helping inflate the property bubble, can be included in that group.
This also applies to feckless directors and execs, and there's quite a few of them out there....
Bankers didn't just avoid the consequences - the guys at the top have profited from the financial crisis as the government decided to 'fix' the banking system by throwing money at the banks and pursuing extraordinary monetary policies that have allowed the banks to rake in huge profits at the expense of savers and customers. (Lots of back office and customer facing staff have of course been laid off though. Helps the bank make even more money and boosts the bonus pool.)This also applies to feckless directors and execs, and there's quite a few of them out there....
At least a standard business can expect to go under if those at the helm screw it up so there is some measure of accountability for prats at the top similar to those under discussion in this thread. Take a risk - benefit if it works out and take your lumps if you get it wrong. The banks on the other were private enterprises that messed up on a huge scale and were given handouts (at our expense) by the government. Not at all the same set of rules that normal businesses face.
'Privatise the profits, socialise the losses' - the age old motto of banking.
Lucas Ayde said:
'Privatise the profits, socialise the losses' - the age old motto of banking.
And a load of waffle about banks
Before you get in your Trabant and drive off to Red Square please bear this in mind. The whole of the socialised losses you talk about, i.e. the total amount of the UK bailout by taxpayers, is about £140BN. http://www.nao.org.uk/report/hm-treasury-resource-...And a load of waffle about banks
The tax paid by the financial sector IN 2011/12 ALONE was £63BN. http://www.telegraph.co.uk/finance/newsbysector/ba...
So now imagine how much the financial sector paid in to the government coffers in all those years where Tony Blair was spunking money left, right and centre. They probably have paid in over five time the bailout since 2000. Still that was put to good use finding a nice war wasn't it.
Beware to keep biting the hand that feeds you.
Edited by R11ysf on Tuesday 23 July 18:26
Mr Whippy said:
And this is the joy of being PAYE somewhere.
No matter how much you think the business cares about you, they don't really. Do what you need to stay employed and nothing more since you simply don't get the reward for putting your heart and soul into it. Unless that is in your contract of course, and remunerated appropriately.
Dave
I'm glad I don't employ you.No matter how much you think the business cares about you, they don't really. Do what you need to stay employed and nothing more since you simply don't get the reward for putting your heart and soul into it. Unless that is in your contract of course, and remunerated appropriately.
Dave
crofty1984 said:
Mr Whippy said:
And this is the joy of being PAYE somewhere.
No matter how much you think the business cares about you, they don't really. Do what you need to stay employed and nothing more since you simply don't get the reward for putting your heart and soul into it. Unless that is in your contract of course, and remunerated appropriately.
Dave
I'm glad I don't employ you.No matter how much you think the business cares about you, they don't really. Do what you need to stay employed and nothing more since you simply don't get the reward for putting your heart and soul into it. Unless that is in your contract of course, and remunerated appropriately.
Dave
crofty1984 said:
Mr Whippy said:
And this is the joy of being PAYE somewhere.
No matter how much you think the business cares about you, they don't really. Do what you need to stay employed and nothing more since you simply don't get the reward for putting your heart and soul into it. Unless that is in your contract of course, and remunerated appropriately.
Dave
I'm glad I don't employ you.No matter how much you think the business cares about you, they don't really. Do what you need to stay employed and nothing more since you simply don't get the reward for putting your heart and soul into it. Unless that is in your contract of course, and remunerated appropriately.
Dave
Will I reward them if they perform above and beyond? Yes. Will I reward them in advance in order to give them a reason to work hard? No. They need to do the work first before being rewarded. Nobody paid me lots of money before I had worked my arse off to earn it!
There are plenty of companies that act the way you describe - I've worked for some. But you shouldn't assume that there isn't just as many who don't work in that way.
The problem with a lot of people's attitudes on here, is that they seem to begrudge successful people. Not all, but a lot of PHers are guilty of this.
I run my own finance company, and am about to start to study dentistry. I will be buying a dental practice within the next 2-3 years (OH is a dentist so we will buy before I graduate, before anyone accuses me of making this up!).
I will drive a bloody nice car to reward me for my years of working damn hard - 16 hour days, 70+ hour weeks, studying whilst running my company.
If one business fails, I will jump straight out of it. And I will continue to spend my money how I wish to.
The bottom line is that an employer has not established his/her company to employ you. They have employed you to make the company do better, to allow them to have the lifestyle they want.
If you don't like this, I suggest you stop getting into work at 8.59am and logging off your computers at 4.59pm and start your own businesses. If you all feel it's this easy, do it!
The fact is, you're not doing terribly well because you have this work ethic in the first place. Nobody is saying work your arse off for a boss who doesn't give a s
t... but maybe you should think about the risk that the founders of the company took in order to start it, and the immense hard work it takes to establish a stable company.rpguk said:
Interesting scenario if a little convoluted. I'm struggling to see a situation where a company with a payroll of £100k/month would get to the point of having such little in the bank and no foreseeable income in such a short period of time. However my take on it is -
If the business isn't viable going forward then you're quite right not to throw good money after bad (i.e put money from business A into business B) and to liquidate the company.
If you started the business with your own money and the company owed you money (i.e you'd put more money in over the years than you'd taken out) then as far as I'm aware you'd be within your rights to take the cash via your directors loan account.
If the company doesn't owe you money (i.e you've taken more out over the years than you've put in) and the company has been running long enough that those employees have accrued rights then I think you'd be on shaky legal ground if by taking that £50k you deprive said employees of redundancy money they may legally be owed.
In that latter scenario if I were the owner I'm not sure I'd be able to walk in, tell the staff they were sacked with immediate effect and with no further money to come. And to screw those people over for a new car? I'd say that's pretty shameful.
As always there could be any number of other variables we don't know about which could change everything. Regardless of those variables if I were liquidating a company and as a result putting people out of work I'd do my best to treat those employees with respect and try to make things as easy as possible for them going forward and minimise any anguish they may have.
Sorry, I tried to make the point as simple as possible, but it all became a little long winded. I know the numbers aren't really viable, but the point is still valid.If the business isn't viable going forward then you're quite right not to throw good money after bad (i.e put money from business A into business B) and to liquidate the company.
If you started the business with your own money and the company owed you money (i.e you'd put more money in over the years than you'd taken out) then as far as I'm aware you'd be within your rights to take the cash via your directors loan account.
If the company doesn't owe you money (i.e you've taken more out over the years than you've put in) and the company has been running long enough that those employees have accrued rights then I think you'd be on shaky legal ground if by taking that £50k you deprive said employees of redundancy money they may legally be owed.
In that latter scenario if I were the owner I'm not sure I'd be able to walk in, tell the staff they were sacked with immediate effect and with no further money to come. And to screw those people over for a new car? I'd say that's pretty shameful.
As always there could be any number of other variables we don't know about which could change everything. Regardless of those variables if I were liquidating a company and as a result putting people out of work I'd do my best to treat those employees with respect and try to make things as easy as possible for them going forward and minimise any anguish they may have.
I'm also not talking about taking money out of employees pockets (redundancy pay) but why keep the company running for another month or two if you know it's a sinking ship. Pay your bills, pay your wages, take what's left and treat yourself.
I wouldn't care whether my investment (in £) was less than what I took out at the end - it was my investment, and I had made that money grow. What's in the pot is mine.
We're not talking about directors loans here, I'm saying that if I had put £50k into the company, and there was £100k left, I would take the £100k. If I started the company from nothing, my investment has not simply been £50k, it's been numerous man hours, stress, sweat, tears, etc...
As long as debts have been paid, and the company is simply closing, I stick with the above.
If it's gone bust however, leaving lots of people in the s
t, then the above is not applicable.R11ysf said:
Lucas Ayde said:
'Privatise the profits, socialise the losses' - the age old motto of banking.
And a load of waffle about banks
Before you get in your Trabant and drive off to Red Square please bear this in mind. The whole of the socialised losses you talk about, i.e. the total amount of the UK bailout by taxpayers, is about £140BN. http://www.nao.org.uk/report/hm-treasury-resource-...And a load of waffle about banks
The tax paid by the financial sector IN 2011/12 ALONE was £63BN. http://www.telegraph.co.uk/finance/newsbysector/ba...
So now imagine how much the financial sector paid in to the government coffers in all those years where Tony Blair was spunking money left, right and centre. They probably have paid in over five time the bailout since 2000. Still that was put to good use finding a nice war wasn't it.
Beware to keep biting the hand that feeds you.
Edited by R11ysf on Tuesday 23 July 18:26
One of the biggest credit bubbles in history stoking house prices to silly amounts and putting buyers into huge amounts of debt to put a roof over their heads ... followed by a massive economic crash which has left the economy stagnant for five years now whilst the banks restrict lending to businesses.
Not 'feeding', more like 'poisoning'.
No other private businesses in this day and age would be spared the consequences of their own greed and stupidity and utter inability to perform their economic function properly.
No sign of capitalism being allowed to run it's course when the leeches of the City are involved though.
I just did 48 hours straight closing a deal, the key members of my team were with me the whole way supporting etc.
Their pay is average for their roles, their contract does not require them to give heart and soul (haven't figured out how to word that to be legally enforceable), but they gave nevertheless. That is the attitude that makes a good employee, that is the attitude that will earn them a bonus, that is the attitude that makes them most likely to keep their jobs when times are tough, they are valued people.
Doing the bare minimum and calling the boss any perjorative term means that they won't be valued.
Their pay is average for their roles, their contract does not require them to give heart and soul (haven't figured out how to word that to be legally enforceable), but they gave nevertheless. That is the attitude that makes a good employee, that is the attitude that will earn them a bonus, that is the attitude that makes them most likely to keep their jobs when times are tough, they are valued people.
Doing the bare minimum and calling the boss any perjorative term means that they won't be valued.
At my last place of employment we had had a good year and the management wanted to thank the staff (approx 600). I was put in charge of a team organising a celebration event for the staff and their families.
It cost about £200k in the end and took months to plan.
In the week before the event we lost a massive contact, on the Monday after the event 70 people got made redundant.
You win some, you lose some
It cost about £200k in the end and took months to plan.
In the week before the event we lost a massive contact, on the Monday after the event 70 people got made redundant.
You win some, you lose some
Andyjc86 said:
At my last place of employment we had had a good year and the management wanted to thank the staff (approx 600). I was put in charge of a team organising a celebration event for the staff and their families.
It cost about £200k in the end and took months to plan.
In the week before the event we lost a massive contact, on the Monday after the event 70 people got made redundant.
You win some, you lose some
£200k doesn't pay 70 people for very long, take into account all the costs of empoying people even if they were on the average wage the £200k wouldn't cover a month's costs of those people. But no doubt some thought that without the party they would have kept their jobs.It cost about £200k in the end and took months to plan.
In the week before the event we lost a massive contact, on the Monday after the event 70 people got made redundant.
You win some, you lose some
With regards to this company and MD we are talking about luckily for me I do not and would not work for him! He has no tact! I just know how much my friend has been pushed over and around, but he stays there because he keeps getting promised pay etc but never materialises. I work very hard and put my all in for my company and boss knowing that one day I will be paid the same respect in turn, just some people are not as lucky and just wish my friend would grow a pair and leave, the reason I know so much about the company is I know his ex wife, the accountant and he is a competitor so you have to know the ins and outs!!! 
Gassing Station | General Gassing | Top of Page | What's New | My Stuff