Another Bank gets it's bonuses at our expense.

chewmylegoff

Innys wrote: »

Technically correct, but totally missing the point.

If it was only Halifax's employees taxes which was being used to bail them out, the rest of us couldn't give two hoots if a bonus was paid.

However, I don't think that's the case - do you?

It is possible, just possible, that there are more taxpayers around who don't work for Halifax than those that do. If so, and because we live in a democracy (well, kind of), the majority opinion counts.

I may be wrong, but I suggest the majority of tax payers do not want any bonuses paid to Halifax, Lloyds or RBS - irrespective of what the Halifax employees think is fair.

well, if you add up all the tax paid by HBOS over the last few years, and deduct the loan, i expect you'll find that HBOS is still a net contributor to the brown regime.

chewmylegoff

Ian_Griffiths_Halifax wrote: »

I don't, haven't, and never will work for the Halifax! My business is in Sowerby Bridge, Halifax. The Name Ian Griffiths was taken on here by the time I joined, and I didn't want to make up a silly name like Mr Tiddles or Wellen Dowed.

I am a Mortgage Broker protecting the peoples pockets and helping them make and save money along the way.

Martin Lewis - Money Saving Expert! He's a Money Saving Minion by comparison

so your income in no way depends on your performance then.

Ian_Griffiths_Halifax

chewmylegoff wrote: »

so your income in no way depends on your performance then.

I receive NO salary, and I get paid as virtually all Self Employed individual get paid. Do the job you agree to do and give an invoice. My clients don't pay me bonuses for doing a good job.

chewmylegoff

Ian_Griffiths_Halifax wrote: »

I receive NO salary, and I get paid as virtually all Self Employed individual get paid. Do the job you agree to do and give an invoice. My clients don't pay me bonuses for doing a good job.

so your remuneration is entirely dependent on how successful you are, individually, in your job.

and your argument for why other people should not be rewarded based on how successful they are, individually, in their job, is?

halifax_worker

Ian_Griffiths_Halifax wrote: »

You don't answer the question of what you were told you WOULD earn in bonuses. I suspect that is because you weren't guaranteed any. Please correct me if you were and if that's the case, then well done, you will have a case to take them to court if they don't pay it, but I suspect that HBOS will have their employment contracts watertight.

If you live in a rural area, then I also suspect that the average wage locally is low, possibly agriculturally dominated employment. If you ask some of them agricultural workers what they earn, I bet they are on less than your basic but have to get their hands dirty, and not only when they change the photocopier toner cartridge.

I was told that if i performend (which by the way i have worked hard to hit my targets) i would receive a bonus.
some of them agricultral workers who "get their hands dirty" take home more money in a week than i do in a month.

Ian_Griffiths_Halifax

chewmylegoff wrote: »

so your remuneration is entirely dependent on how successful you are, individually, in your job.

and your argument for why other people should not be rewarded based on how successful they are, individually, in their job, is?

Quite simple. They have a SALARY to do the job and a bonus is a BONUS!

I've already said that if a company is profitable, then bonuses aren't an issue. Next we'll find that companies are paying out bonuses based on how little their company loses!

Ian_Griffiths_Halifax

halifax_worker wrote: »

I was told that if i performend (which by the way i have worked hard to hit my targets) i would receive a bonus.
some of them agricultral workers who "get their hands dirty" take home more money in a week than i do in a month.

So change jobs and get your hands dirty. It's not Rocket Science.

SamIAm_3-2

Ian_Griffiths_Halifax wrote: »

Quite simple. They have a SALARY to do the job and a bonus is a BONUS!

I've already said that if a company is profitable, then bonuses aren't an issue. Next we'll find that companies are paying out bonuses based on how little their company loses!

In addition, not having any profits out of which to pay a bonus is a pretty good reason for not getting one, no matter how well the individuals within it have performed this year.

That is what has happened at my company this year. We are dissappointed about this but, after the last set of redundancies, most of us are grateful to still be employed.

Obviously this only applies to bonuses which are in some way company profitability related. Until recently, I had thought, that bonuses in all industries were. It was a surprise to discover that some are guaranteed which, to me, seems to contradict the term "bonus".

Ian_Griffiths_Halifax

The big difference with these companies is that they aren't handing out their own money. The decision maker isn't putting his hand into his own pocket when deciding to give bonuses.

A shareholding Ltd Co Director or a Self Employed businessman would consider the effect on his business, of giving out bonuses when his staff have contributed to him making a gigantic loss. He wouldn't be rewarding them with bonuses, he'd be sacking them!

Rewarding failure is common now in this country. If kids do wrong, they don't get the slipper or cane, they get activity weekends and when it comes to sport, "it's not the winning, it's the taking part that counts".

Rubbish!

We are having it bred into us that failure is acceptable and you will still get rewarded regardless of incompetence or irresponsibility.

longtimelurker_2

I did some temping at RBS over a year ago (oh, how I laughed at the !!!!-licking of 'Sir Fred' and how I'm trying not to laugh now all those horrific back-slappers with city centre flats must be struggling ...)

The thing about the people 'on the shop floor' is that their bonus was not called a bonus. It was 'profit sharing'. If there's no profit, what's to share?