Barclays Boss gets £ 6,500,000.00 Bonus

purch

http://uk.reuters.com/article/2011/03/07/uk-barclays-diamond-idUKTRE7261TI20110307

.......and he's not even the top earner at Barclays.

Two "un-named" clerks got even more :eek:


That should get a few 'flamers' going

RJP33

Don’t see the problem here, boss is responsible for huge profits and gets suitably rewarded.

Graham_Devon

Can't say I have a huge problem with this.

Would if it was a Northern Rock, of HBOS bank though.

purch

Spoilsports !!!!!!

dunstonh

If the shareholders are happy to pay those bonuses then its up to them. They own the company.

lemonjelly

He won't notice it. He's too busy eating children...

The_White_Horse

there is no problem with this. the bank made profits, and the bonus comes out of those profits. they are theirs to do what they like with - provided the board/shareholders approve.

what is a national disgrace is the police overtime and bonuses for just doing their jobs. where does that bonus money come from????? what profits do the police make to cover this 1bn in bonus and overtime???

!!!!!!, if you join the police, you are told you will do X amount of shifts and your salary is Y. that is it.

There should be NO BONUSES EVER in the public sector. bonuses are paid out of profits when a company does well. no profits = no bonuses.

that is why i would have a problem with NR or HBOS getting bonuses, unless they have first repaid what they have taken.

lemonjelly

So why did you have a problem with your bank a week ago horsey dude?

They were trying to increase their profits...

mcbean2011

the white horse - try working in the police then you will understand. if your at a call and your shift is suppost to end you have a legal requirment to stay on and deal with the situation. not to leave because your finished. and before anybody says it. the shift coming on cant take over because who will then answer the emergency calls then. Its not officers fault they get overtime.

and police deserve more bonuses that bank boss's. banks are the cause to the big drop in money these days and i feel that the police do a more demanding job than they.
most people will disagree but oh well

Hereward

The_White_Horse wrote: »

there is no problem with this. the bank made profits, and the bonus comes out of those profits. they are theirs to do what they like with - provided the board/shareholders approve.

what is a national disgrace is the police overtime and bonuses for just doing their jobs. where does that bonus money come from????? what profits do the police make to cover this 1bn in bonus and overtime???

!!!!!!, if you join the police, you are told you will do X amount of shifts and your salary is Y. that is it.

There should be NO BONUSES EVER in the public sector. bonuses are paid out of profits when a company does well. no profits = no bonuses.

that is why i would have a problem with NR or HBOS getting bonuses, unless they have first repaid what they have taken.

So what happens when you're asked to do X+1 shifts then? Should they do the extra hours for free?

ILW

Hereward wrote: »

So what happens when you're asked to do X+1 shifts then? Should they do the extra hours for free?

There is a diffence between overtimame and bonuses.