• The post you are reporting:
   
  PaulB
  
  Of course it matters.
  
  We want RBS to be turned from a basket case to a thriving business so the shares can be sold at a profit, repaying the taxpayers to reduce the level of debt.
  
  To do that it needs a leader with the right abilities and skill set.
  
  The pay of such a person is determined by a number of factors that include:
  The size of the organisation and the responsibilities that the job entails.
  The scale and difficulty of the task ahead.
  The global economy in which that business operates and the job market for that Chief Executive.
  
  If you want someone to take on that role then you must pay them a remuneration package that is appropriate.
  
  I would suggest that those who are objecting just see the headline £7m figure without understanding the other factors. You cannot ignore the context of the role and must pay the appropraite rate or you wont get the right person to do the job.
  
  This is the real world of commerce and no place for socialist envy and spite.

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