Guardian Workers Revolt Over £2 Million Boss NUJ Condemns Widening Bosses’ Pay Gap

Guardian writers are unhappy that their pay is falling in real terms whilst their bosses’ pay tops £2 million.

guardian-logoFollowing today’s chapel meeting at 2pm, the following motion was passed unanimously:

The chapel believes that GMG’s continued payment of grossly inflated boardroom bonuses and remuneration packages is a violation of the Guardian’s values and represents a failure of corporate governance and accountability by the Trust.

The fact that one package of over £2m has been agreed after five years of large-scale company losses and falling real terms staff pay and numbers demonstrates that City-scale boardroom pay at GMG remains out of control and that genuine independent oversight is not taking place.

The chapel, which represents the overwhelming majority of Guardian and Observer editorial staff, believes the decisions of the board and trust on boardroom pay do not reflect the views of the staff, readership or the ethics of the Guardian that the Trust is obliged to uphold.

The chapel has no confidence in the existing system of executive remuneration, and calls on the company to publish details of all existing long-term incentive and boardroom bonus schemes, as well as the total executive bonus pool paid out annually.

The chapel believes that reform of governance at the Guardian is now essential, and calls on the Trust to respond to chapel representations for reform made over the past five years. The chapel reiterates its opposition to executive performance bonuses and calls on the trust to accept elected staff representation on the remuneration committee and to expand elected staff representation on the Trust itself.

The chapel instructs the officers to prepare a pay claim for this October’s settlement that takes account of GMG boardroom excess, narrows the widening gap between the lowest and highest paid in the company and aims to recoup the real terms cuts in pay and freelance rates sustained by NUJ members over the past five years.

Where was that tribune of the workers and Guardian columnist when the union was meeting?

owen-jones-bar-italia-soho
Owen Jones was having a cappucino breakfast tea in Bar Italia, Soho…

UPDATE:




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Theresa May tells Bercow:

“Mr Speaker-elect, can I congratulate you on your re-election. At least someone got a landslide.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Meltdown After Nuclear Power Plant Holds Bikini Contest to Choose Interns Meltdown After Nuclear Power Plant Holds Bikini Contest to Choose Interns
DUP Deal Signed DUP Deal Signed
Watch: McDonnell on Grenfell ‘Murder’ Watch: McDonnell on Grenfell ‘Murder’
Sunday Shows Sunday Shows
The Economist’s Lack of Intelligence Unit The Economist’s Lack of Intelligence Unit
Happy Independence Day! Happy Independence Day!
Sun Cleared by Hospital Sun Cleared by Hospital
Exporters Order Books at 29 Year High Exporters Order Books at 29 Year High
Corbyn Refuses to Bow to The Queen Corbyn Refuses to Bow to The Queen
McDonnell Repeatedly Backed Far Left ‘Day of Rage’ Group McDonnell Repeatedly Backed Far Left ‘Day of Rage’ Group
“Soft” and “Hard” Brexit Terms Obsolete “Soft” and “Hard” Brexit Terms Obsolete
Hammond’s “Sound Money” Speech Sadly All Spin Hammond’s “Sound Money” Speech Sadly All Spin
Tommy Robinson Called British Muslims “Enemy Combatants” Tommy Robinson Called British Muslims “Enemy Combatants”
Corbyn Praised at London Hezbollah Rally Corbyn Praised at London Hezbollah Rally
Government Understaffed – Key SpAd Vacancies Up for Grabs Government Understaffed – Key SpAd Vacancies Up for Grabs
Clive Lewis: “Burn Neoliberalism” Clive Lewis: “Burn Neoliberalism”
Corbynista Ultras Involved in Storming Kensington Council Corbynista Ultras Involved in Storming Kensington Council