The woman who dumped the cat in the bin....

[JR1960]

Slightly off topic, but I think all anger at 'bankers bonuses' boils down to bitter jealousy, which is rather pathetic.

 

If someone offered me a tax free lump of £500,000+ I wouldn't think of the starving masses, I would think of that tastey RR supercharged and some new bottles of old whisky!

 

Secret socialists the lot of ya'

 

 

PS; I have no relation to, or affiliation with anyone or any company that hands out/receives big cash rewards, but I would bloody well love one.

 

All true, although people might have less of a problem with it if

a: they made some useful contribution to society

b: After ridiculous salaries for years, gambling with our money, WE then had to virtually bankrupt the country's economy to pay for their **** up because they were too greedy. (And if you think its over yet, just wait.)

 

BTW If anyone should feel the need to give ME a £500,000 bonus, my address is available on request

[JR1960]

i still do it - ah the joys a bin 26 and livin seperate from the gf :lol:

............who regularly reads this forum!

[silpig5]

jono , with a mutilated hand like yours , i wonder how you would be able to stroke a pussy without it hissing and running away scared

[JR1960]

Just hold it down with the other hand m8! Or there's always rope.................but that's another story

[fat_jay]

Sadly the animals in bins thing is spreading! Earlier today i opened my bin, and as soon as i flipped the lid back something shot past me at speed, nearly hitting me in the face!! I want to know what sick ****** shut the poor wasp in there!.... Hang them i say!

[Dibs]

Dibble?

 

 

 

[JR1960]

Cats are for life, not for recycling.

[Mungler]

All a 'bonus' is is an element of pay that is variable rather than fixed. In good year I get compensation of X. in a bad year I get 25% of X. It's no different to a sales rep getting commission for example.

 

That's only half the definition. Have a look at the dictionary definition: A bonus is:

 

1. something given or paid over and above what is due.

2. a sum of money granted, given or awarded to an employee in addition to regular pay, usually in appreciation for work done, length of service, results, achievements etc

 

The theme appears to be that a "bonus" is for stuff that is over and above, based on results and achievements etc. Indeed, you are half way there in that it should be an element of pay that is variable rather than fixed and is based upon <continuing on> results and achievements.

 

Problem is, anyone in RBS now claims that their department on its own bucked the trend at RBS and made a mint. No one can find anyone at RBS who admits either being in the same department, building or County as those at RBS who wrecked the economy almost single handed

[Ozzy Fudd]

That's only half the definition. Have a look at the dictionary definition: A bonus is:

 

1. something given or paid over and above what is due.

2. a sum of money granted, given or awarded to an employee in addition to regular pay, usually in appreciation for work done, length of service, results, achievements etc

 

The theme appears to be that a "bonus" is for stuff that is over and above, based on results and achievements etc. Indeed, you are half way there in that it should be an element of pay that is variable rather than fixed and is based upon <continuing on> results and achievements.

 

Problem is, anyone in RBS now claims that their department on its own bucked the trend at RBS and made a mint. No one can find anyone at RBS who admits either being in the same department, building or County as those at RBS who wrecked the economy almost single handed

 

not classed that way in our place, ive been told on (too) many occasions that im on a low pay level because i have to rely on my bonus () to make my pay up to an acceptable level - ie a level i can afford to live on. cant wait til they try the same line this november...

[AVB]

That's only half the definition. Have a look at the dictionary definition: A bonus is:

 

1. something given or paid over and above what is due.

2. a sum of money granted, given or awarded to an employee in addition to regular pay, usually in appreciation for work done, length of service, results, achievements etc

 

The theme appears to be that a "bonus" is for stuff that is over and above, based on results and achievements etc. Indeed, you are half way there in that it should be an element of pay that is variable rather than fixed and is based upon <continuing on> results and achievements.

 

Problem is, anyone in RBS now claims that their department on its own bucked the trend at RBS and made a mint. No one can find anyone at RBS who admits either being in the same department, building or County as those at RBS who wrecked the economy almost single handed

 

Mungler makes a good point regarding the definition of bonus. The problem is that for many Bank employees the 'bonus' element of compensation has been misused over the years and for many it has become part and parcel of their overall pay. I'm all in favour of people who work for a non-performing organisation not to receive a performance aligned award (a true bonus). However, when a significant element of that award really represents their base pay (I have many examples of people being given promotions but not given a pay increase, only an increased bonus the following year, then cutting that out completely is, I feel, unfair.

 

Just to clarify some of the posts made recently:

 

1) I work for the 'Investment Banking' arm of RBS called Global Banking and Markets. GBM employes about 30,000 of the 187,000 people who work for RBS group. Typically GBM has more flexibility over things called bonuses (see above) and has misused them accordingly. Other RBS groups or divisions typically don't.

 

2) GBM were responsible for the large loss in 2008. So blame me if it makes anybody feel better. GBM also contributed significantly to the profits in 2005, 2006, 2007, 2009 and so far 2010.

 

3) I didn't receive a bonus for the year 2008 so took a massive drop in pay for that year. Did I like it no and it meant a number of cutbacks (sold the Range Rover, no holidays, used savings to pay schools fees etc.). Did I accept it - yes. Do I expect you to feel sorry for me no.

 

4) Bonuses are not paid tax free. You pay tax and NI on it like any element of pay.

 

5) Banks do make a useful contribution to society. They help generate wealth. There are many companies that don't produce tangible items or provide clear

 

6) I have removed my signature as it doesn't help correct the perception. It was intended to add some humour.

 

Working for Banks has given me a good life and I can't complain and I'm about to embark on an assignment in Inida for a couple of years which should, hopefully be fun.

 

By all means knock the Banks but please try to do it based on facts and not what you read in the Daily Mail.

 

Thanks for listening.

[DSPUK]

It would be interesting to know how massive the pay drop was in 2008 -- was it down to less than national average wage of around £28k - if not then you shouldn't be relying on bonus's to live on -- We never got bonus's but overtime but even there I looked on that as a saving money and all my outgoings were paid from my basic wage and it wasn't as high as national average in any year. In my last ten years at work overtime was stopped so just think how you would manage with no bonus for next ten years.

 

I am now paying price in no interest on what little savings I have because of the greedy banks.

 

Everyone should read this book "5 days in December" by Sebastion Faulks -- opens your eyes to banking - investment banking that is.

 

dave