A4e boss quits
Discussion
Surprised there's nothing on this already:
Link to article in lefty paper shocker
I for one think this is going to get a lot bigger.
Another great example of Citizen Dave's judge of character. £8m to find people who still get benefits jobs for free to the employer.
My dead cat could do that.
Link to article in lefty paper shocker
I for one think this is going to get a lot bigger.
Another great example of Citizen Dave's judge of character. £8m to find people who still get benefits jobs for free to the employer.
My dead cat could do that.
Topbuzz said:
Thought it was a sound idea personally. After 365 days without finding a job but being paid to look I don't see the problem of easing people back into work. If they don't want to work in poundland they can stop claiming and work at Waitrose if they are suitable.
It was an OK idea in theory. It goes wrong if the company starts abusing you and working you much harder than they do paid employees and you are trapped for X amount of weeks because you will lose your benefits totally.I bet the company in general were absolutley raping the Govt for money.
Eric Mc said:
Aparently she was able to pay herself an £8 million dividend last year from the company. Nice work if you can get it.
Personally I would judge it by how effective and costly the service provided by the private company was, in comparison to the public sector. Not by how much profit a private company can make from providing the service.Given the massive inefficiencies in much of the public sector it is entirely possible to provide a better service at a lower price and still make a decent return for the shareholders.
I do not really understand the logic that regards service provision by a public sector organisation as being inherently more 'virtous'. Ignoring entirely that many have too many managers, on very generous pay and perks.
As for the specific circumstances in this case the company concerned detected the fraud and informed the police. She went because this would be used as a political football and might bring down the company, and resigning would reduce the heat.
Edited by JagLover on Saturday 25th February 20:55
JagLover said:
Eric Mc said:
Aparently she was able to pay herself an £8 million dividend last year from the company. Nice work if you can get it.
Personally I would judge it my how effective and costly the service provided by the private company was, in comparison to the public sector. Not how how much profit a private company can make from providing the service.Given the massive inefficiencies in much of the public sector it is entirely possible to provide a better service at a lower price and still make a decent return for the shareholders.
I do not really understand the logic that regards service provision by a public sector organisation as being inherently more 'virtous'. Ignoring entirely that many have too many managers, on very generous pay and perks.
so for that 8mill bonus she got, she could have employed 400 members of staff at 20k each a year....
This is craziness, seriously what does the government think its doing.
Im all for work experience, but slave labour is certainly not an option.
I have vast amounts of retail experience, if I was on the 'dole' would I be expected to work in a shop 'or else'...
This is craziness, seriously what does the government think its doing.
Im all for work experience, but slave labour is certainly not an option.
I have vast amounts of retail experience, if I was on the 'dole' would I be expected to work in a shop 'or else'...
Odie said:
so for that 8mill bonus she got, she could have employed 400 members of staff at 20k each a year....
This is craziness, seriously what does the government think its doing.
Im all for work experience, but slave labour is certainly not an option.
I have vast amounts of retail experience, if I was on the 'dole' would I be expected to work in a shop 'or else'...
It wasn't a "Bonus". This is craziness, seriously what does the government think its doing.
Im all for work experience, but slave labour is certainly not an option.
I have vast amounts of retail experience, if I was on the 'dole' would I be expected to work in a shop 'or else'...
She runs and owns her own limited company. She is therefore a shareholder of her own company. If a company makes profits (which is the intention of most businesses - as defined by HMRC), then the shareholders can be paid a dividend from those profits.
Obviously, the company had adequate profits to allow a dividend of that size to be paid to her (and presumably other shareholders too).
From my reading the Company have allegedly been signing off 'ghost' time sheets and submitting these for payment. The poor hard pressed tax payer just shells out the money, no questions asked, until now. It is said the practice was common during the Labour Government years. An audit investigation is the only way to clear the allegations one way or other. Meanwhile perhaps Emma, no longer Chairperson of A4e, will be concentrating on launching a new Company to replace A4E?
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