{"id":19490,"date":"2013-03-09T16:30:34","date_gmt":"2013-03-09T16:30:34","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=19490"},"modified":"2013-03-09T16:33:00","modified_gmt":"2013-03-09T16:33:00","slug":"barclays-a-tale-of-the-2-6-living-off-the-rest","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/03\/09\/barclays-a-tale-of-the-2-6-living-off-the-rest\/","title":{"rendered":"Barclays: a tale of the 2.6% living off the rest"},"content":{"rendered":"<p>Barclays has published a table on the\u00a0remuneration\u00a0of its employees in its accounts this year. This <a href=\"http:\/\/group.barclays.com\/Satellite?blobcol=urldata&amp;blobheader=application%2Fpdf&amp;blobheadername1=Content-Disposition&amp;blobheadername2=MDT-Type&amp;blobheadervalue1=inline%3B+filename%3D2012-Barclays-PLC-Annual-Report-PDF.pdf&amp;blobheadervalue2=abinary%3B+charset%3DUTF-8&amp;blobkey=id&amp;blobtable=MungoBlobs&amp;blobwhere=1330696635816&amp;ssbinary=true\" target=\"_blank\">is it (page 96)<\/a>:<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.14.29.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-19491\" alt=\"Screen shot 2013-03-09 at 16.14.29\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.14.29.png\" width=\"686\" height=\"247\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.14.29.png 686w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.14.29-300x108.png 300w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.14.29-200x72.png 200w\" sizes=\"auto, (max-width: 686px) 100vw, 686px\" \/><\/a>I've reworked that data like this:<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.24.54.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-19492\" alt=\"Screen shot 2013-03-09 at 16.24.54\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.24.54.png\" width=\"528\" height=\"111\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.24.54.png 753w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.24.54-300x62.png 300w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-09-at-16.24.54-200x41.png 200w\" sizes=\"auto, (max-width: 528px) 100vw, 528px\" \/><\/a><\/p>\n<p>(click on image to enlarge)<\/p>\n<p>What does this say? Well, half of Barclays employee's earn no more than UK median pay despite the prosperity of this sector.<\/p>\n<p>And just 2.6% earn more than approximately 10 times UK median pay (at which point I and the TUC have\u00a0suggested\u00a0tax\u00a0relief\u00a0on pay should end).<\/p>\n<p>We need to remember that when we talk about bankers. And remember what Occupy had to say only in this case it's not the 1% who are the problem, maybe it's the 2.6% who are the problem in this prosperous sector.<\/p>\n<p>What\u00a0is clear though is that even in Barclays a tiny elite are living off the rest. As ever.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barclays has published a table on the\u00a0remuneration\u00a0of its employees in its accounts this year. This is it (page 96): I&#8217;ve reworked that data like this:<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/03\/09\/barclays-a-tale-of-the-2-6-living-off-the-rest\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,2],"tags":[],"class_list":["post-19490","post","type-post","status-publish","format-standard","hentry","category-banking","category-barclays"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=19490"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19490\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=19490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=19490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=19490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}