Persimmon Homes -- CEO £100m Bonus...

[blueg33]

TooMany2cvs said:

There's an estate of 20-odd going up near here. They seem to be slot-together metal frames, presumably with some kind of panel to fit to the frame. Looks bloody odd - it's basically a muddy field of Meccano.

Its called MetSec. It will probably be fitted with brick slip panels.

[crankedup]

Kuji said:

crankedup said:

James_B said:

crankedup said:

Yes that’s a lesson from many decades ago, and it hasn’t changed much, it can still work for some people. However, many of these Director level jobs and above are very much closed shop. You need to be known and it helps to have some well placed pals to assist in door opening. Much like the remnumeration boards which are a merry go around of well connected people.

Possibly, but I was only ever “known” by my work. I’m from a crappy state comp, and so like most have no “pals” from prior to my career to help out.

I do know a lot of people from all the years working though, as would anyone with the same experience.

That’s not what a closed shop is, though, it’s just sensible, you trust people who have the skills and who you know to be reliable.

I was referring to the CEO and Director level on listed Companies. On one hand people say that experience within a given industry is not required as such they Manager Company strategy. On the other hand others will say, as you yourself say, and I agree, it is sensible to have Management that have knowledge in depth of the industry which they head-up. I understand that the CEO Persimmon has climbed the greasy pole, but still the Company have quality problems. Have to agree that these issues are for on site quality control to address.

So far as my closed shop analogy is concerned, I believe it happens within all industry and businesses to a greater or lesser extent. Good example can be seen with our former Chancellor of Exchequer now. newspaper editor! How the *&#@ can that be anything but old chums.

It's more about quotas in the countries big boardrooms now.

What you are is much more important than who you know.

Completely agree,soon after posting I realised that Osborn would be bring with him the power
to bring stories that he could glean from Parliamentary pals. Much more important to the newspaper than any editorial experience.

[crankedup]

Purely for interest, can I ask what is your opinions regarding the pre-fab timber framed houses, those built in factories,shipped out to site. I recall back in the 1980’s some builders had a go at these and they were a failure. Failure owing to lack of experience on site and materials lying around in all weathers added to condensation problems in the finished house.

Presume that these issues would now be resolved, do you see any big builders giving these another go or are the public not educated to them, so to speak.

[TooMany2cvs]

blueg33 said:

TooMany2cvs said:

There's an estate of 20-odd going up near here. They seem to be slot-together metal frames, presumably with some kind of panel to fit to the frame. Looks bloody odd - it's basically a muddy field of Meccano.

Its called MetSec. It will probably be fitted with brick slip panels.

Probably - this is the developer's "impression".

I think the artist might have forgotten half of the houses, or accidentally doubled the size of the field...

[V8 Fettler]

Is that 3 out of 3 for Audi? There appears to be an unwritten rule for those composing concept images for housing: get as many Audis in as possible.

[Rovinghawk]

V8 Fettler said:

There appears to be an unwritten rule for those composing concept images for housing: get as many Audis in as possible.

And happy, affluent, slim young people strolling in the sunshine.

[blueg33]

crankedup said:

Purely for interest, can I ask what is your opinions regarding the pre-fab timber framed houses, those built in factories,shipped out to site. I recall back in the 1980’s some builders had a go at these and they were a failure. Failure owing to lack of experience on site and materials lying around in all weathers added to condensation problems in the finished house.

Presume that these issues would now be resolved, do you see any big builders giving these another go or are the public not educated to them, so to speak.

You are referring to timber frame construction. Tens of thousands of houses are built using this method every year. Excellent thermal efficiency, quick to get the building “dry”

The issues in th 80’s were mainly Barratt who IIRC stored the panels incorrectly on site.

[anonymous-user]

Rovinghawk said:

V8 Fettler said:

There appears to be an unwritten rule for those composing concept images for housing: get as many Audis in as possible.

And happy, affluent, slim young people strolling in the sunshine.

No, the black car bottom left is a Lexus GS.

The picture is partly there in real life, only the Audi drivers are fat, old people driving everywhere in the rain being miserable.

At least the have a new home and an Audi.

[blueg33]

We are currently building apartments to help disabled people live with more independence. These are operated by Housing Associations and paid for through housing benefit. Our architects are instructed not to show Audi, Porsche, BMW etc on the CGI’s, instead it’s Micras and Focus’s.

[Eric Mc]

blueg33 said:

Our architects are instructed not to show Audi, Porsche, BMW etc on the CGI’s, instead it’s Micras and Focus’s.

That's discriminatory toward disabled folk.

[eccles]

TooMany2cvs said:

Probably - this is the developer's "impression".

I think the artist might have forgotten half of the houses, or accidentally doubled the size of the field...

And in reality there will be cars parked all over the place and maybe a few tradesman's large panel vans dotted around.

[ATG]

hyphen said:

James_B said:

Sacking staff and employing others a year later is destructive of value.

Is it?

Banks like Goldmans undertake an annual cull, 5-10% of their workforce are fired each year to weed out worst performers.

GS is in a unique position. It is a terrible model for others to adopt. On average your firm will have average staff. The managerial challenge is to get the best out of them, not to fixate on trying to hire the best of the best of the best.

[Gunk]

eccles said:

TooMany2cvs said:

Probably - this is the developer's "impression".

I think the artist might have forgotten half of the houses, or accidentally doubled the size of the field...

And in reality there will be cars parked all over the place and maybe a few tradesman's large panel vans dotted around.

That’s very true, most new estates are littered with vans

[otolith]

I suspect that new builds are successfully hitting a whole set of standards that older properties can’t - but that they are then built down to a price on the things that aren’t considered important. Hence having to spend a fortune for any subjective feeling of solidity.

The biggest difference I noticed moving from the 90’s terraced house I used to own to a 20’s semi was the inability to hear the neighbours.

[blueg33]

Eric Mc said:

blueg33 said:

Our architects are instructed not to show Audi, Porsche, BMW etc on the CGI’s, instead it’s Micras and Focus’s.

That's discriminatory toward disabled folk.

Its done to avoid annoying care commissioners, plus the occupiers can't drive. Parking is for carers

[crankedup]

Back to the topic, reported today that 480 persimmon workers are paid less than the real living wage.This is the ‘on the books’ workers like cleaners and builders. The usual response to this will be ‘they don’t have to work there’ ‘they could work smarter and better themselves’ ‘perhaps they are happy in having little responsibility’ . Of course they must be overjoyed reading of thier bosses good fortune, maybe those bosses are treating these workers for Christmas or perhaps offering freebie holidays just to share in thier own good fortune?

[TooMany2cvs]

Less than minimum wage? Or less than "real living wage", whatever that is...

[crankedup]

TooMany2cvs said:

Less than minimum wage? Or less than "real living wage", whatever that is...

The ‘real living wage’ is adjudged by many charitable and influential groups to be around £1.50
over and above the minimum legal minimum. The real living wage is the sum of money which is deemed to offer a weekly wage packet which a person can just manage to make ends meet to live, apparently.

[Rovinghawk]

crankedup said:

The ‘real living wage’ is adjudged by many charitable and influential groups to be around £1.50
over and above the minimum legal minimum. The real living wage is the sum of money which is deemed to offer a weekly wage packet which a person can just manage to make ends meet to live, apparently.

Hopefully their low but legal wages will encourage both these employees & others to work hard at school/nightschool/college/trade school/OU & get themselves better jobs.

Alternatively, if you wish to employ them on better terms & conditions then I salute you, sir, on your commitment to practising what you preach.

[TooMany2cvs]

crankedup said:

TooMany2cvs said:

Less than minimum wage? Or less than "real living wage", whatever that is...

The ‘real living wage’ is adjudged by many charitable and influential groups to be around £1.50
over and above the minimum legal minimum. The real living wage is the sum of money which is deemed to offer a weekly wage packet which a person can just manage to make ends meet to live, apparently.

The figure usually waved around as the living wage is an average.
If you have a rummage for the source documentation from the academics who came up with the concept, there's different figures for different size households, as well as different parts of the country.