Initiate Public Inquiry into Unjustified Executive Bonuses in Water Companies

Initiate Public Inquiry into Unjustified Executive Bonuses in Water Companies

Recent signers:
Ronald New and 19 others have signed recently.

The Issue

It is a matter of personal outrage. I, like many others, am left puzzled and furious as I watch our water bills increase—due in no small part to the lack of operational investment by water company directors—while they pocket substantial bonuses that are not reflective of company performance. Many share this exasperation, to think our hard-earned money is being imprudently redirected. It is vital that we interrogate this malpractice.

According to the High Pay Centre, UK water utility companies, that should ideally function in the public's interest, have witnessed their directors receiving bonuses even when their performance was subpar. To add insult to injury, water companies saw an average price rise of 3.1% in 2018, affecting millions of unsuspecting citizens adversely (Chartered Institute of Plumbing and Heating Engineering).

The current scenario strongly calls for an urgent public inquiry into the matter. It is crucial to reestablish the principle of executive bonuses being linked to company performance and service quality. By doing this, we strive for a more honest, transparent, and accountable sector which all users deserve.

Join us in our call to invoke a public inquiry into these unjustified executive bonuses in water companies. Our voice can bring about the changes needed to ensure a fair economic structure in this vital sector. Please sign this petition today to stand up for justice and fairness.

75,323

Recent signers:
Ronald New and 19 others have signed recently.

The Issue

It is a matter of personal outrage. I, like many others, am left puzzled and furious as I watch our water bills increase—due in no small part to the lack of operational investment by water company directors—while they pocket substantial bonuses that are not reflective of company performance. Many share this exasperation, to think our hard-earned money is being imprudently redirected. It is vital that we interrogate this malpractice.

According to the High Pay Centre, UK water utility companies, that should ideally function in the public's interest, have witnessed their directors receiving bonuses even when their performance was subpar. To add insult to injury, water companies saw an average price rise of 3.1% in 2018, affecting millions of unsuspecting citizens adversely (Chartered Institute of Plumbing and Heating Engineering).

The current scenario strongly calls for an urgent public inquiry into the matter. It is crucial to reestablish the principle of executive bonuses being linked to company performance and service quality. By doing this, we strive for a more honest, transparent, and accountable sector which all users deserve.

Join us in our call to invoke a public inquiry into these unjustified executive bonuses in water companies. Our voice can bring about the changes needed to ensure a fair economic structure in this vital sector. Please sign this petition today to stand up for justice and fairness.

The Decision Makers

UK Water Utility Companies
UK Water Utility Companies
Chartered Institute of Plumbing and Heating Engineering
Chartered Institute of Plumbing and Heating Engineering

Supporter Voices

Petition Updates