Friday, 25 May 2012

Pendleton Red

Pendleton Red

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Comments (7)

  • Comment on: Rent increase of 5.1% confirmed

    Pendleton Red's comment | 12/11/2010 10:31 am

    The change to CPI will NOT cost the sector £20 billion or anything near it. Simply changing one number in a spreadsheet to achieve an attention grabbing headlines is a complete over simplification of the issue. At best it’s disingenuous and worst puerile nonsense.

  • Comment on: Associations in £875 million merger talks

    Pendleton Red's comment | 11/10/2010 2:00 pm

    Message to the Editor- what's the idea behind the sensationalist headline: '£875 million merger' - so what? I assume it's a 'finger in the air’ attempt at valuing the combined 12,500 properties using an arbitrary average property price of £70,000. It tells the reader absolutely nothing!

    On a more substantive point one of the above organisations is a Stock Transfer HA. At the time of Transfer, tenants of CDHT would have been formally balloted to give the green light to the Transfer. The above article refers to ‘consulting tenants’. It should be a requirement that all HAs (in particular Stock Transfers) formally ballot their Tenants on merger proposals, rather than 'consultation’ on done deals drawn up by two Chief Executives who have at least one eye on their respective pension and salaries rather than improved customer service.

    To further support my argument there is currently a developing ‘mega’ merger in the North involving 5 Stock Transfers! There will be no tenant ballot on the mergers. That means +40,000 tenants have been disenfranchised because three chief executives decided it was in their own best interests to merge! (Editor) That’s the real headline to these merger stories!!!

  • Comment on: Average chief exec salary tops £150k

    Pendleton Red's comment | 23/09/2010 8:30 am

    The NHF are now attempting to defend in indefensible. David Orr needs to be careful he does not end up sounding like Gordon Taylor - head of the professional footballers association. My suggestion to Mr Orr is to remain quiet- its for the CEO's to justify there salaries not the NHF.

    I repeat what I said elsewhere yesterday- there is no justification for any HA CEO earning more than £200k- those that argue in support of high salaries by making comparisons with the private sector, the need to attract the right talent into the sector etc are talking complete boll*cks. I’m fairly confident that Keith Exford, David Cowans, David Montague et al, would still be willing to work in their respective organisations for ½ of their current salaries. If not I sure somebody as equally talented and qualified and perhaps with (dare I say) a little more integrity would be prepared to step in!

    But equally the comparison with the PMs salary is, for reasons already stated elsewhere, boll*cks. Perhaps the benchmark should be the salary of the highest paid Local Authority CEOs with the largest HA’s CEOs paid 2/3 of that salary. Given all the CEOs are in Birmingham this week at the NHF annual bun fight – the salary of the CEO of Birmingham City Council (the largest LA in Europe!) could be the benchmark. I’m sure not even the great David Cowans could argue his job his more high profile, demanding, diverse etc than this!

  • Comment on: Average chief exec salary tops £150k

    Pendleton Red's comment | 23/09/2010 8:30 am

    The NHF are now attempting to defend in indefensible. David Orr needs to be careful he does not end up sounding like Gordon Taylor - head of the professional footballers association. My suggestion to Mr Orr is to remain quiet- its for the CEO's to justify there salaries not the NHF.

    I repeat what I said elsewhere yesterday- there is no justification for any HA CEO earning more than £200k- those that argue in support of high salaries by making comparisons with the private sector, the need to attract the right talent into the sector etc are talking complete boll*cks. I’m fairly confident that Keith Exford, David Cowans, David Montague et al, would still be willing to work in their respective organisations for ½ of their current salaries. If not I sure somebody as equally talented and qualified and perhaps with (dare I say) a little more integrity would be prepared to step in!

    But equally the comparison with the PMs salary is, for reasons already stated elsewhere, boll*cks. Perhaps the benchmark should be the salary of the highest paid Local Authority CEOs with the largest HA’s CEOs paid 2/3 of that salary. Given all the CEOs are in Birmingham this week at the NHF annual bun fight – the salary of the CEO of Birmingham City Council (the largest LA in Europe!) could be the benchmark. I’m sure not even the great David Cowans could argue his job his more high profile, demanding, diverse etc than this!

  • Comment on: Shapps launches fresh assault on pay

    Pendleton Red's comment | 22/09/2010 11:44 am

    I find all sides of the debate on public sector (including not for profit) salaried high earners to be shallow and disingenuous. The amount to be paid out in city bonuses over the next few months will be eye watering when compared with the public sector ‘high rollers’. Yet the Tories and their press choose to deflect the debate to focus on ‘high pay’ with in the public sector. As soon as Vince Cable has a go at the level of obscene bank bonuses, he is labelled a Marxist by the Tory press!

    There is however no justification for any HA CEO earning more than £200k- those that argue in support of high salaries by making comparisons with the private sector, the need to attract the right talent into the sector etc are talking complete boll*cks. I’m fairly confident that Keith Exford, David Cowans, David Montague et al, would still be willing to work in their respective organisations for ½ of their current salaries. If not I sure somebody as equally talented and qualified and perhaps with (dare I say) a little more integrity would be prepared to step in!

    But equally the comparison with the PMs salary is, for reasons already stated elsewhere, boll*cks. Perhaps the benchmark should be the salary of the highest paid Local Authority CEOs with the largest HA’s CEOs paid 2/3 of that salary. Given all the CEOs are in Birmingham this week at the NHF annual bun fight – the salary of the CEO of Birmingham City Council (the largest LA in Europe!) could be the benchmark. I’m sure not even the great David Cowans could argue his job his more high profile, demanding, diverse etc than this!

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