We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

NatWest - Documentary BBC 2

1356

Comments

  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    The manager in question was covering the position on a temporary basis.

    I'd suggest, with thirty staff, a permanent appointment in that branch would see at least £10k added to salary.
  • Dird
    Dird Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    No wonder HSBC is stream lining if such a small branch can have 30 staff :f
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
  • PixelPound
    PixelPound Posts: 3,069 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The manager in question was covering the position on a temporary basis.

    I'd suggest, with thirty staff, a permanent appointment in that branch would see at least £10k added to salary.
    It would only be an increase if they appointed someone external to the organisation and had to beat their existing salary. The existing position was someone acting up, but I would expect it be similar to anyone who worked up inside the company.

    She is a manager of 30 staff, so a small department size. Managers of larger branches probably earn less.
  • polymaff
    polymaff Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MABLE wrote: »
    Funny you should that because in those days its certainly felt like it.

    I remember the Westminster - National PROVINCIAL - District(?) merger, my father working for the Westminster at the time. He was shocked at how "manual" the other two banks were.

    Not like today - of course. Except that I have a relatively recent paying-in slip from the Natwest Bank franked 30th February.

    [and it wasn't a leap-year :)]
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    agrinnall wrote: »
    I think you'll find that the bonus she mentioned was a one off and happened quite some time before the recording. RBSG used to pay pretty good bonuses to all staff - nowhere near the big money you see for the high flyers, but for a few years we got a guaranteed 10% of salary as profit share and other types of personal bonus, but the crash will have put paid to all that.

    I must admit I was surprised at the salary though, I find it hard to believe that somebody with the ability to manage a busy branch and 28 staff couldn't find better paying job than that in another sector (although perhaps not in Huddesfield).

    That 10% was added to everyone's salary I seem to remember.

    You're right about the bonuses in - I have a higher basic salary but earned £7k less last tax year than I did a few years back.

    Most branch managers will be on much more than the quoted figure if they've been in the roles for any period of time.
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    msallen wrote: »
    Just because I was working then does not mean I am not working now!

    I am perfectly well aware of how the workplace (or rather society in general) has changed for the better, but that has diddly squat to do with the fact that "bank managers" today are not doing a highly skilled and responsible professional job requiring years of experience and a deep knowledge of local commerce - a fact which you took umbridge at it being pointed out.

    Several bank managers where i work would be highly offended by your comments. It's "umbrage" by the way.
  • Goldiegirl
    Goldiegirl Posts: 8,806 Forumite
    Part of the Furniture 1,000 Posts Rampant Recycler Hung up my suit!
    msallen wrote: »
    Just because I was working then does not mean I am not working now!

    I am perfectly well aware of how the workplace (or rather society in general) has changed for the better, but that has diddly squat to do with the fact that "bank managers" today are not doing a highly skilled and responsible professional job requiring years of experience and a deep knowledge of local commerce - a fact which you took umbridge at it being pointed out.

    Yes, things were different. I often had to go in search of my manager to get him to sign my letters..... He was normally in a meeting with owners of local businesses that would go on all afternoon, in the local pub!

    Fortunately the pub was only next door to the branch, so I didn't have to go too far.

    Those sort of 'meetings' wouldn't be tolerated today.
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
  • Mrs_Ryan
    Mrs_Ryan Posts: 11,834 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    msallen wrote: »
    Maybe you didn't like it, but if these "bank managers" are only being paid £22K then it was probably pretty accurate. As mentioned upthread, if they were at all competent in managing a large team of people, or were doing a job even close to what bank managers of decades past did then they would be earning far far more than that.

    Many many years ago I had a job in retail management which offered a similar level of salary (£9K in 1989). I can honestly say that a trained monkey could have done that job, and I suspect the modern "bank manager" position is pretty similar.

    Anyway, I haven't watched the programme yet - will be catching up with it tonight.
    My ex BIL was a NatWest branch manager in the 90's and my sister told me once he only earned 17k. He had a total mental breakdown with the stress of it al though and he does something in housing now.
    *The RK and FF fan club* #Family*Don’t Be Bitter- Glitter!* #LotsOfLove ‘Darling you’re my blood, you have my heartbeat’ Dad 20.02.20
  • MABLE
    MABLE Posts: 4,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    polymaff wrote: »
    I remember the Westminster - National PROVINCIAL - District(?) merger, my father working for the Westminster at the time. He was shocked at how "manual" the other two banks were.

    Not like today - of course. Except that I have a relatively recent paying-in slip from the Natwest Bank franked 30th February.

    [and it wasn't a leap-year :)]

    I remember that if I wanted a statement they would to type it up while I waited. How times have changed.
  • Goldiegirl
    Goldiegirl Posts: 8,806 Forumite
    Part of the Furniture 1,000 Posts Rampant Recycler Hung up my suit!
    MABLE wrote: »
    I remember that if I wanted a statement they would to type it up while I waited. How times have changed.

    In that respect, times have changed for the better.

    I remember very well what a pain in the rear end it was to type a bank statement on a manual typewriter!
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.