In dieser Wirtschaft? Für ein Unternehmen, das hauptsächlich vom Staat (unsere Steuern) investiert und von der Regierung kontrolliert wird. Sie glauben, dass sie versuchen würden, dort ein Beispiel aus den Governance -Strukturen zu geben … insbesondere wenn sie in letzter Zeit eine große Anzahl lokaler Mitarbeiter überflüssig gemacht haben.
Laut Paperjam (veröffentlicht Mitte 2024, so relevant für den Zeitpunkt, den dieser Typ verdient): – 10% der Mitarbeiter sind engagiert, einer der niedrigsten Prozentsätze der Welt – 51% der Mitarbeiter sind „viel Stress“, einer der höchsten Prozentsätze. Mitarbeiter
Ist das Wohlbefinden in diesem Land also zum Scheitern verurteilt?
https://www.luxtimes.lu/businessandfinance/luxembourg-s-ses-paid-its-new-ceo-5.2-million-last-year/54791628.html?utm_medium=referral&utm_campaign=share
Von Creative_Mango
5 Kommentare
Well, you can safely presume his bonus and remuneration was tied to how well the cost reduction went. So yes, the more jobs the CEO cuts the more money he makes, which of course results in lower employee satisfaction because they are all scared to lose their jobs. That’s how ‚fair governance‘ currently works in the corporate environment, nothing new to report here.
Edit: just to avoid any misinterpretation I’m not condoning this business as normal approach. OPs points are valid, and employee and individual (because an employee is a person after all) wellbeing is indeed ‚doomed‘ if this kind of governance structure continues.
Wait ? You are not paid 1 mio plus ? Pity
It’s very questionable (and IMO wrong) that such a high bonus is paid out if, at the same time, they „have to cut costs“ and make people redundant.
Your comment is however somewhat unjustified
>In this economy? For a company that is majorly invested in by the state (our taxes) and 1/3 controlled by the gov.
* A company can achieve good/very good results despite the economic overall going down the drain. You, too, would not be pleased if you achieved all of your goals and your employer achieved exceptionally good results only to be told „sorry, We won’t reward your hard work because the economy isn’t well“
* That the government holds shares doesn’t necessarily mean that they cost us money and that „our taxes“ are wasted. There are plenty of cases where the government took up stakes in companies and made a nice return on them.
We’re talking about the company that fired 80 persons not so long ago?
„So, is employee wellbeing in this country doomed?“
Based on personal experience, yes
Lack of governance is a old problem. Steve Collar was the CEO between 2018 and 2023, each year he was making MEUR 2 to MEUR 2.5 (this is a public info from SES‘ annual reports) while in this time SES stock dunk from EUR 13.50 to EUR 5.00.
The worse part on Adel’s remuneration is that SES is not paying him for the work that he did at SES, but for the work that he did a T-Systems.
Page 61 from SES‘ 2023 Annual Report gives the details of his remuneration. SES topped up the stock options that he had to let go when he left T-Systems. A total of MEUR 5.3, that he can cash in within four years. His normal maximal remuneration is MEUR 3.7, so at least MEUR 1.5 out of MEUR of his 2024 MEUR 5.2 remuneration is SES paying for his work at T-Systems