Tesco appoint new CEO on ridiculous salary!

[Thankyou4calling]

Ridiculously low!

Tesco employs well over half a MILLION people
Has a turnover in excess of £70 BILLION
And profit of over £3 BILLION.

They are easily the largest retailer in the UK and one of the largest in the world.

And yet the new guys salary is £1.25 million.

Don't get me wrong I'd love to earn that, but Wayne Rooney gets that A MONTH and I'd imagine someone like Harry Styles ( one direction singer) would be similar.

Seems there's a huge responsibility for not a lot of reward to me even though I'm sure there are performance bonus' available.

[Thankyou4calling]

LordGrover said:

It's more a clear demonstration of how disproportionate/ludicrous sports and entertainments 'wages' have become.

Nail on head

[Thankyou4calling]

SpeckledJim said:

But there are:

• Many more people who are qualified to be CEO of Tesco than there are people able replace Wayne Rooney.

• Many ways for a CEO to disguise a poor performance, but nowhere for a Man U striker to hide. He's either good enough or he isn't.

I'm not so sure about the number qualified for each position. Tesco would recruit worldwide for the post and want the very best of the best, this would not be a big number, the short list would be a handful of people.

With Rooney, as we saw at the WC there are a decent number of players ( most teams had a couple) as good if not better.

Just my brake on it.