Golden Handshakes

#2
If I was to take that position I'd have a Copper bottomed Contract saying I get a Payout* worth shed loads too, else I'd tell 'em to poke it.

* Payable when the next political kicking the Beeb are will get.
 
#3
Nice work if you can get it! What next? A period of withdrawl to a very low-profile job and then, surprise, surprise, a return to Aunty Beeb's licence-payer funded trough?
 
#6
I'll do the job for a few days then jack it in too please.
 
#9
So? This is news and current affairs... Offer us an insight into your reality. Or are £450k plus payoffs common in your world.
'In my world' contracts are honoured. I assume his contract said that he'd be entitled to a large pay off if he left the job early. He has and apparently he's getting the large payout he's apparently entitled to.

Is 'man receives payout he's contractually entitled to' really news?
 
#10
You can't have it both ways. You either want him to quit and take what he's entitled to, or you don't. To suggest that he should quit and not take his severance package is ridiculous.

These jobs come with generous benefits precisely because of the level of responsibility involved. If something goes wrong on your watch, your name is going to be dragged through the mud.

If your gripe is about the amount, I should point out that a) he'd have made a lot more money if he hadn't quit and; b) that you'd be huffing and puffing if it were £50k.
 

Wordsmith

LE
Book Reviewer
#12
The alternative explanation is that he's signed an agreement for a fcuking great pay off and the agreement contains a gagging clause. Entwhistle is not solely the blame for this - although he's become the public face of failure. And his prompt resignation brought some time for Lord Patton - who appointed Entwhistle in the first place. I guess Patton - who fighting to stay in his job - didn't want Entwhistle saying any more than necessary in public about the BBC's decision making processes.

There will be a few other BBC executives walking the plank in the coming months. When you add up their severance payments, it'll come to an eye watering sum.

Wordsmith
 
#13
#14
Would you agree then that Squaddies who resign should get **** all? No resettlement no pension acquired up that point nothing. After all they quit **** them.
Depends on why they resigned really.

Being kicked out for ****ing up really very badly may have a case for removal of resettlement and pension and the like in some rare cases.
 
#15
The precedent has now been set ... and as the current crisis develops if other senior members of the BBC (are invited to) resign they will expect the same type of package even if it is over and above their contract ... remember it is only money ...unfortunately someone else's money .. in fact some of my and all other licence payer's money .As they say this decision will have legs .

Edited to add ....two more senior members of the BBC have " stepped aside " ...R4 ... perhaps to give them time to negotiate their resignation package .
 
#16
Would you agree then that Squaddies who resign should get **** all? No resettlement no pension acquired up that point nothing. After all they quit **** them.


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No, they should get what they have accrued to date, NOT the next 12 months pay and pension pot for less than 2 months in post. If a squaddie quit halfway through basic they would get thier pay to date and nothing more, that's basically what he's done.

Even by modern standards of Chief Exec severance pay this is massive overkill. If he was paid off to keep quiet then I want the head of the guy who thought that was a good idea...it's my cash he's throwing round like confetti.

S_R
 
#17
Contractually, it would appear receipt of 12 months salary kicks in if the DG has been asked to leave his post. If he "voluntarily" resigns, he is ONLY entitled to 6 months salary. So, was he pushed or did he jump? Perhaps if Newsnight run a programme on it, all will become clear.
 
#18
Depends on why they resigned really.

Being kicked out for ****ing up really very badly may have a case for removal of resettlement and pension and the like in some rare cases.
But Entwhistle hasn't been found guilty of anything or publically named for '****ing up' in any inquiry. He's been tried by media, (Murdoch and others anti-BBC media groups BTW) and, if you believe him, he's fallen on his sword to discontinue any further embarrasment to the organisation, he never in his resignation speech said 'OK, I ballsed it up, so I'm off'. Who would?

Anyway why the furore around his severance pay? Media luvvies employing other media luvvies and making sure that they have a 'Bail-out when the balloon goes up' clause shouldn't surprise anyone. Unfortunately, the (publically funded) role of BBC DG can come under enormous pressures to resign, whereby NI or Trinity Mirror bosses don't, so why not have some buffer should he get the can/resign? I'm sure if he wanted to earn some decent money without the political pressure he could have simply worked for Sky, Channel5, et al.

The pension issue can go on and on. It raises its head particularly around naughty plod resigning on whatever grounds to keep their pension and avoid embarrasing disciplinary processdings, in a PC Simon Harwood/Norman Bettison stylee
 
#19
I think that is the main reason for the whole outrage postings though.

They read of people who **** up and possibly even break the law and then just resign with more money than your average working person will ever see in one lump and seemingly walk away unscathed and financially happy for the rest of their days.

This is just another in a long long line of the same sort of thing.
 
#20
Would you agree then that Squaddies who resign should get **** all? No resettlement no pension acquired up that point nothing. After all they quit **** them.


Posted from the ARRSE Mobile app (iOS or Android)


Well he's not a squaddie, is he? He's an employee of a firm and chosen to resign, which in the real world invariably means you get **** all and owe your boss a months wages in lieu of notice.
 

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