Metro Bank is the experiment over?

eskbanker

Nasqueron said:

Religious beliefs of a rapidly vanishing minority should not be used to justify blocking business operation to benefit the vast majority. If staff wish to work on Saturday / Sundays (and firms ideally were pressured to pay extra for the hours), then so they should be allowed to.

Surely if the religion-based differentiation between weekends and weekdays was to be eliminated then there shouldn't be any need for employers to pay extra for staff to work on those days?

subjecttocontract

boingy said:

A branch that is only open 9:30 to 17:00 Monday to Friday is no use at all for the vast majority of working people. Better to close on one of the weekdays and open on Saturdays. And if you think you don't need a Metro branch you obviously haven't tried to open an ISA with them, because that's the only way you can open those accounts - an utterly insane business decision. No wonder they are struggling.

But  according to today's papers there are 9 million adults who don't work and who aren't seeking employment. So, opening 9.30 to 17.00 Mon to Fri suits them fine.

HillStreetBlues

As one of the few banks that allows personal injury trusts if they did go tits up what would then happen to the trusts?

adamp87

I think the idea of them expanding further North is good as it’s probably the inly way they’d grow. Closing Sundays/Bank Holiday seems a smart cost effective move, arguably they aren’t seeing the numbers that make it worthwhile and the cost saving staff wise will be worth it over a year.

Hoenir

subjecttocontract said:

boingy said:

A branch that is only open 9:30 to 17:00 Monday to Friday is no use at all for the vast majority of working people. Better to close on one of the weekdays and open on Saturdays. And if you think you don't need a Metro branch you obviously haven't tried to open an ISA with them, because that's the only way you can open those accounts - an utterly insane business decision. No wonder they are struggling.

But  according to today's papers there are 9 million adults who don't work and who aren't seeking employment. So, opening 9.30 to 17.00 Mon to Fri suits them fine.

Majority of these people will be retired. The target market for Metro possibly. At a time when other banks are reducing the scale of their branch operations. 

DullGreyGuy

eskbanker said:

Nasqueron said:

Religious beliefs of a rapidly vanishing minority should not be used to justify blocking business operation to benefit the vast majority. If staff wish to work on Saturday / Sundays (and firms ideally were pressured to pay extra for the hours), then so they should be allowed to.

Surely if the religion-based differentiation between weekends and weekdays was to be eliminated then there shouldn't be any need for employers to pay extra for staff to work on those days?

Even in the 90s extra pay for weekends, in my experience, was only for those doing it voluntarily, those on a rota or standard shift was weekends it was basic pay. Only the late/night shifts were uplifted for contracted hours and doubt their origins are religious. 

General_Grant

Hoenir said:

subjecttocontract said:

boingy said:

A branch that is only open 9:30 to 17:00 Monday to Friday is no use at all for the vast majority of working people. Better to close on one of the weekdays and open on Saturdays. And if you think you don't need a Metro branch you obviously haven't tried to open an ISA with them, because that's the only way you can open those accounts - an utterly insane business decision. No wonder they are struggling.

But  according to today's papers there are 9 million adults who don't work and who aren't seeking employment. So, opening 9.30 to 17.00 Mon to Fri suits them fine.

Majority of these people will be retired. The target market for Metro possibly. At a time when other banks are reducing the scale of their branch operations. 

So you think the majority of 9.2 million people aged 16 to 64 who are not working and not seeking work are retired?

DullGreyGuy

General_Grant said:

Hoenir said:

subjecttocontract said:

boingy said:

A branch that is only open 9:30 to 17:00 Monday to Friday is no use at all for the vast majority of working people. Better to close on one of the weekdays and open on Saturdays. And if you think you don't need a Metro branch you obviously haven't tried to open an ISA with them, because that's the only way you can open those accounts - an utterly insane business decision. No wonder they are struggling.

But  according to today's papers there are 9 million adults who don't work and who aren't seeking employment. So, opening 9.30 to 17.00 Mon to Fri suits them fine.

Majority of these people will be retired. The target market for Metro possibly. At a time when other banks are reducing the scale of their branch operations. 

So you think the majority of 9.2 million people aged 16 to 64 who are not working and not seeking work are retired?

Define "retired"?

If a person got married and quit their job to be a "House Person" with no intents of ever working again would you describe them as retired? Or someone through ill health has given up work for life?

General_Grant

DullGreyGuy said:

General_Grant said:

Hoenir said:

subjecttocontract said:

boingy said:

A branch that is only open 9:30 to 17:00 Monday to Friday is no use at all for the vast majority of working people. Better to close on one of the weekdays and open on Saturdays. And if you think you don't need a Metro branch you obviously haven't tried to open an ISA with them, because that's the only way you can open those accounts - an utterly insane business decision. No wonder they are struggling.

But  according to today's papers there are 9 million adults who don't work and who aren't seeking employment. So, opening 9.30 to 17.00 Mon to Fri suits them fine.

Majority of these people will be retired. The target market for Metro possibly. At a time when other banks are reducing the scale of their branch operations. 

So you think the majority of 9.2 million people aged 16 to 64 who are not working and not seeking work are retired?

Define "retired"?

If a person got married and quit their job to be a "House Person" with no intents of ever working again would you describe them as retired? Or someone through ill health has given up work for life?

house-person = not economically active (when in reality they are active (eg shopping)!)
ill-health = sick

Hoenir first mentioned "retired" so perhaps they will provide a definition.

born_again

eskbanker said:

Nasqueron said:

Religious beliefs of a rapidly vanishing minority should not be used to justify blocking business operation to benefit the vast majority. If staff wish to work on Saturday / Sundays (and firms ideally were pressured to pay extra for the hours), then so they should be allowed to.

Surely if the religion-based differentiation between weekends and weekdays was to be eliminated then there shouldn't be any need for employers to pay extra for staff to work on those days?

We don't paid extra for working weekends or unsocial shifts. In fact it is part of our contract that we are expected to work one or the other.