To pay or not to pay.. bonus's for bankers...

By : Administrator
Published 25th February 2010 |
Read latest comment - 25th February 2010

From the BBC:

Royal Bank of Scotland (RBS) has announced losses for 2009 of

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn
Comments
Actually Steve I am all for a bonus for the right person but really the levels of bonus they get are obscene so agree with you as it does happen.

Mike

bonsai passion

I've no problems with bonus's as a means to reward and motivate your good employees, but with the scandulous abuse of the bonus system, its open season for the 24 hour media, who hear bank and bonus in the same sentence. This then has a knock on affect with the share price...

Then of course don't pay the bonus's and you lose your key talent, as unmotivated bright sparks always jump ship, leaving the moaners and the plodders

Think I'll stick to running a small private biz and keep my head under the radar Just in case I'm ever offered the CEO role lol

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

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