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#21 | |
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#22 |
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#23 |
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#24 |
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FS I am afraid that can be said for many businesses at the moment not only banking.
I still stand by my original argument that as PLC's they should not be using taxpayers money to pay bonuses The other companies that have had state assistance are laying people off or putting them on short time in order to survive not paying bonuses |
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#25 |
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Join Date: Jul 2003
Location: Darn sarf, innit
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The Government's money that was used for the Banks was provided to ensure that Bank's had adequate capitilisation to be able to lend money, and is not technically being used to pay bonuses.
Ultimately, the Government's money will be repaid (with substantial interest), therfore benefiting the overall economy. It is true that there have been a number of right royal screw ups at RBS, including:-
Now, as a member of RBS staff I am mad as hell at the postion the bank is in. Our shares once traded at £21.73, are now trading at around 25p. I am lucky, in that I do not have any shares at all - I know some colleagues who have lost tens of thousands. If we were all being paid £100k plus a year then fair enough, however I have been there for over 20 years, have always been a 'top performer' and take home well under £2k a month despite working my @rse off. This year (as in all other years) I have hit all of my targets, displayed all the right behaviours, and gone over and above what I am expected to do in an area of the bank that is still making good profits, reducing costs and minimising losses - therefore, I would normally get a bonus. However, because everyone is jumping on the bandwagon that is looking as though it may not happen. All of this media grief, along with the new Chairman and Chief Executive having kicked off 'Strategic Reviews' which are only likely to lead to one thing for many of the staff - right now I could quite happily take a redundancy package and go and stack shelves (and probably earn more money - with or without bonuses).
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#26 |
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#27 |
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me just got back from my mates in london-
he is operations director for the investment arm of a well known bank- he was looking forward to goin in to work today to hear what his bonus will be.. he will be getting over 100K one hundred !! over...!! - bonus next monday ! not his wage-- pure straight in the bank bonus ! BUT he works 18 hour days 6 days a week and is never off his blackberry and doesnt see his kids and has contributed to his arm of the bank making around 4 Billion £...... so does he deserve it- yea I think so.. but othersmight not.. NB- he used to put bread out at 7am at marks and spencers in Crewe with me at age 17 before we went to college -- where did I go wrong?? Last edited by Quiff Wichard; 09-02-09 at 07:21 PM. |
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#28 |
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#29 | |
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My point still stands, taxpayers are not bailing out every other firm that goes bust |
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#30 |
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Barclays aren't getting bonuses as far as i know, and to be honest, in this climate, i think it's quite calming to know that your bank can make that much money
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Thread | Thread Starter | Forum | Replies | Last Post |
Bonus Payment | lily | Idle Banter | 26 | 22-12-08 12:01 PM |
no claims bonus | anna | Bikes - Talk & Issues | 9 | 11-07-08 02:12 PM |
no claims bonus? | hovis | Bikes - Talk & Issues | 6 | 08-11-07 03:17 PM |
Christmas bonus | Viney | Idle Banter | 45 | 18-12-06 04:27 PM |
Christmas Bonus 2 | Baph | Idle Banter | 12 | 18-12-06 02:09 PM |