Skip to main content

Posts

Showing posts with the label Grameen Phone

Bosses’ Pay Grade is Skyrocketing!

People holding the topmost position of the top companies in Britain are being paid more and more every year. The issue is similar to Bangladesh in so many ways. Research showed that their payment is increasing five times more than that of an ordinary employee. For Instance, the annual pay of FTSE 100 CEO in 2011 was more than £3 million, which is an 8.5% rise from last year. It came to everyone as a surprise because last year was not good for the investors. The case is similar in Grameen Phone, Banglalink, Airtel and other mobile operators of Bangladesh. For the ordinary workers, the average salary rise was just 1.6% when the inflation rate is more than 3.5%. This is making growth prospects even harder. George Osborne, the Chancellor, has received several questions from the business community and the City Council to plan a new growth prospect. But who would ask the questions in Bangladesh? More bad news for the investors is that the FTSE 100 has fallen down more than 6.5% during the l...