Belfast Telegraph

Pay deals must be fair for all workers

IT'S that time of the year again when the audited accounts of Viridian, (controllers of the public's electricity service) is published, including the remuneration to their executive directors.

For a start, the chief executive's total remuneration for 2006 was £775,300, equating to a monthly salary of £64,608.30 or, in simple working man's terms, he earns £14,909.60 per week.

For a start, the chief executive's total remuneration for 2006 was £775,300, equating to a monthly salary of £64,608.30 or, in simple working man's terms, he earns £14,909.60 per week.



Bad as this is, it represents an increase on last year's earnings of 25.28%, indicating that Gordon Brown's economic restraint appears to be undoubtedly selective and prejudicial to Joe Bloggs.



This makes grim reading for people like me who are restricted to pension rises in the range of two to three percent.

Could Mr Hain explain his Government's rationale in controlling Joe Public's money, or if that is too much to ask, will he instruct the executive directors of Viridian to explain how they can justify awarding themselves such obscene salaries and increases while the rest of us suffer in silence?





HARRY STEPHENSON Kircubbin

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