Another Bank gets it's bonuses at our expense.

CDes

Salaries for front-line bank staff are deliberately kept low. The staff only accept this due to the potential to make up the difference with bonus.

To these staff the loss of the bonus might mean they don't have a living wage.

Not to mention if you don't work towards your bonus often you'll be quickly given the boot.

Ian_Griffiths_Halifax

That's odd. I thought that front-line bank staff would have taken the job not knowing how much bonus they were likely to receive and based the acceptance of the job on the Salary it paid!

Graham_Devon

Their salary would have been a whole lot less if they were in the dole queue like many others not lucky enough to have been bailed out by taxpayers.

smartn

CDes wrote: »

Salaries for front-line bank staff are deliberately kept low. The staff only accept this due to the potential to make up the difference with bonus.

To these staff the loss of the bonus might mean they don't have a living wage.

Not to mention if you don't work towards your bonus often you'll be quickly given the boot.

Bottom line is the companies they work for have no money for bonuses unless they use bailout money from taxpayers. The bailout money WAS NOT FOR BONUSES, it was to keep the banking system functioning saving these peoples jobs, a luxury many people (eg Woolworths employees whom I am sure earnt less than the average bank worker) have not had.

Ian_Griffiths_Halifax

The BONUSES paid out by RBS and HBOS/Lloyds TSB Banking Group, could have saved a lot more jobs in businesses around the country that have gone to the wall, but instead it gets spent on people who have the luxury of a job.

The Banking Industry is going to be tarnished by this, the bank charges fiasco and the PPI/Loan mis-selling scandals for years to come. I don't think people will ever have the same loyaly to their banks again.

tercar

Hi all, what about the people who have worked hard, saved hard and bought a few shares, and have now lost their jobs. nobody to reimburse them. I think its nothing short of theft that people have lost their shares. does anyone feel any gilt. I for 1 have been steadily taking my saving out and putting them in premium bonds. for the meager interest at least I can look forward every month and see if I have won the big one. even small ones will be better than what we are getting at present. Yes again the worker and the taxpayer loses.

halifax_worker

I work at halifax as low as you can get basic of 12k have nothing to do with the loss so why should i not get a bonus????????

chewmylegoff

halifax_worker wrote: »

I work at halifax as low as you can get basic of 12k have nothing to do with the loss so why should i not get a bonus????????

because you don't know how many question marks are reasonable.

Graham_Devon

halifax_worker wrote: »

I work at halifax as low as you can get basic of 12k have nothing to do with the loss so why should i not get a bonus????????

Because as you said, you were paid a wage. You got paid to do the job you did.

If it wasn't taxpayers money, fair enough, but it is. And it looks highly likely the taxpayers will never see that money again.

novagirl

I agree with what some of the posters have said in that bonuses should be paid to staff if profits are made.