http://citycyclingedinburgh.info/bbpress/ CityCyclingEdinburgh Forum » Topic: It's only (your) money en Thu, 21 May 2026 16:24:14 +0000 http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58250 Fri, 24 Feb 2012 20:35:07 +0000 chdot 58250@http://citycyclingedinburgh.info/bbpress/ <p><center><img src="http://farm8.staticflickr.com/7195/6925728663_d8979c24a0.jpg"></p> <p>Golden</center> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58163 Fri, 24 Feb 2012 13:16:56 +0000 Wilmington's Cow 58163@http://citycyclingedinburgh.info/bbpress/ <p>Our particular company within the group has done pretty well this year (i.e. actually turned a profit). The group has announced that bonuses will be paid, but for anythnig over a pretty small amount these are on a deferred basis. Some now, some later, some later still, pretty much all in shares. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58158 Fri, 24 Feb 2012 13:03:43 +0000 chdot 58158@http://citycyclingedinburgh.info/bbpress/ <p>Another tale of two newspapers -</p> <p><img src="http://farm8.staticflickr.com/7197/6925470803_742358cc94.jpg"> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58063 Fri, 24 Feb 2012 00:00:14 +0000 custard 58063@http://citycyclingedinburgh.info/bbpress/ <p>lol,we were meant to get a bonus at the end of last year<br /> dodgy phantom share affair from about 4 years ago<br /> few folks were medically retired and got a £1500 'share' payout<br /> 6 months later they were revalued and we got a value of £0 each<br /> we are due another payout this year<br /> Im hoping Im not due them money! </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58042 Thu, 23 Feb 2012 22:15:03 +0000 kaputnik 58042@http://citycyclingedinburgh.info/bbpress/ <p>I couldn't possibly comment. But I'm doing "my bit" (we're all in it together!) by waiving this year's discretionary bonus of £0 million. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58027 Thu, 23 Feb 2012 17:29:01 +0000 DaveC 58027@http://citycyclingedinburgh.info/bbpress/ <p>Where I worked previously employees lost out on the 2009 annual bonus as the last quarters revenue was £238M just short of the £240M target set by the CEO. No doubt he reveived his bonus. Some of my collegues must have been confussed as they thought he was a Merchant Banker?!?! </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58009 Thu, 23 Feb 2012 16:42:04 +0000 Instography 58009@http://citycyclingedinburgh.info/bbpress/ <p>Within the context of a sick system, investment bankers will be recruited on the basis of earning a bonus for meeting personal targets. So it's not wholly contradictory that the bank, overall, makes a loss but some people within the bank are entitled to bonuses. Similarly, it can be possible for investment banking as a whole to make a loss (although it's not clear from the article that RBS' investment banking has made a loss) but some individual traders to be entitled to bonuses.</p> <p>(If I could do really small text I'd write a disclaimer that this in no way endorses the scale of these bonuses). </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58005 Thu, 23 Feb 2012 16:24:20 +0000 chdot 58005@http://citycyclingedinburgh.info/bbpress/ <p>I have no problem with paying bonuses (I lie). I just don't understand why some people get them if they manage to meet a target as part of their normal job, but others (say a target of 1000 widgets a week) get sacked for 'under-performing'.</p> <p>It also doesn't add up with 'what we are told' -</p> <p>"investment bankers will share a bonus pool of £390m"</p> <p>BUT that's supposed to be the toxic bit that needs to be separated to 'protect' retail banking.</p> <p>But while the various bits are one company, it's like rewarding the salespeople for selling things but freezing the wages of people that make them.</p> <p>Oh I forget, that's how 'it' works. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-58001 Thu, 23 Feb 2012 16:20:26 +0000 custard 58001@http://citycyclingedinburgh.info/bbpress/ <p>I see on the same page that council staff are on a pay freeze for the 3rd year </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-57995 Thu, 23 Feb 2012 16:10:43 +0000 Min 57995@http://citycyclingedinburgh.info/bbpress/ <p><em>"On a pre-tax basis, last year's loss was £766m compared with £399m in 2010.</p> <p>----------------</p> <p>Despite that performance, the bank paid out £785m in bonuses to staff in total last year."</em></p> <p>What amazingly, co-incidentally close figures. And they wonder why the general public are railing against bonuses. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=5429#post-57991 Thu, 23 Feb 2012 16:07:40 +0000 chdot 57991@http://citycyclingedinburgh.info/bbpress/ <p>"On a pre-tax basis, last year's loss was £766m compared with £399m in 2010"</p> <p>"For 2011, RBS said its investment bankers will share a bonus pool of £390m"</p> <p><a href="http://www.bbc.co.uk/news/business-17128477" rel="nofollow">http://www.bbc.co.uk/news/business-17128477</a> </p>