Should bankers receive bonuses?

Always_Harassed

No, the !!!!!!!s messed up our economy and should count themselves glad they have a job at all.

If the banks hadn't been baled out they would be bankrupt by now and then there would be no bonuses for anyone.

johnycoldears

No, the !!!!!!!s messed up our economy and should count themselves glad they have a job at all.

Generali wrote: »

Does that include the teller at your local bank branch or just the Fat Cats?

I wouldn't classify the teller at the local bank as a banker in the same way that I wouldn't classify a waiter in a restaurant as Jamie Oliver.

However I wouldn't pay bonuses to any employee of a non profitable bank. Most company bonuses are profit related. if the company does not make a profit there is no money for the bonus - one for all and all for one and all that.

Generali

Yes, but in shares only.

johnycoldears wrote: »

I wouldn't classify the teller at the local bank as a banker in the same way that I wouldn't classify a waiter in a restaurant as Jamie Oliver.

However I wouldn't pay bonuses to any employee of a non profitable bank. Most company bonuses are profit related. if the company does not make a profit there is no money for the bonus - one for all and all for one and all that.

Where would you draw the line between employees that should be killed and those that should not?

What about the person who runs the equities division of the bank? Or the head of the back office?

poppy_f1

louiser123 wrote: »

i voted a resound no, but i have no objection to the cashiers/staff who work in the bog standard jobs getting thiers. after all they had no part in the shambles that is now britain!!

i fiercley disagree with the huge 1m and more bonuses paid to the top these are obscene amounts, and im sure the salary thay recieve(which if i had my way would be reduced) is more than enough to sustain a champagne lifestyle they are used to.
to me a bonus is something that is paid to workers no matter what level for good or over performance and not just something that is written into a contract. it appears here its a case of reward regardless of the mess they have made.

pretty much sums up my thoughts

johnycoldears

No, the !!!!!!!s messed up our economy and should count themselves glad they have a job at all.

Generali wrote: »

Where would you draw the line between employees that should be killed and those that should not?

What about the person who runs the equities division of the bank? Or the head of the back office?

The killing reference was an obviously poor attempt at black humour, sorry it didn't reach the heights of Richard Curtis:rolleyes:

Generali

Yes, but in shares only.

johnycoldears wrote: »

The killing reference was an obviously poor attempt at black humour, sorry it didn't reach the heights of Richard Curtis:rolleyes:

Fair enough. My humour rarely comes across in writing either.

It bothers me that people wish ill on almost anyone who works for a bank regardless of their role. Generally people who think like this don't really understand what happened and why IME.

Mary_Hartnell

Yes, but only paid retrospectively, once long-term gains are realised.

I got a bottle of wine, probably supplied by a long suffering customer.
Barclays half get the message:
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5691539.ece

carolt

Yes, but only paid retrospectively, once long-term gains are realised.

As a teacher, probably the worst end-of-year gift I've received was a toilet roll dolly from a grateful student.

Up there with the numerous small crystal ornaments.

I'd rather have a few hundred grand in a brown envelope, frankly, however well-meaning the giver.

purch

Yes, but only paid retrospectively, once long-term gains are realised.

Heroes !!!!!!!!!!!! :T

Alan_M_2

If I were a stockbroker employed by a big bank, lets pick RBS for the hell of it....and in the last 12 months I'd predicted my positions correctly and made my employer millions of pounds in trading.....I'd be a bit peeved if I didn't receive my contractual bonus based specifically on my performance.

However, non performance related bonuses...there isn't anyone that's going to find it easy to justify the payment of bonuses in that situation....

The wholesale shouting of "No one should get a bonus" is reactionary, albeit understandable, but a little blinkered.