Notices
Non Scooby Related Anything Non-Scooby related

EXCUSE ME MR BROWN BUT WTF IS GOING ON.

Thread Tools
 
Search this Thread
 
Old 22 January 2009, 03:26 PM
  #31  
Devildog
Scooby Regular
 
Devildog's Avatar
 
Join Date: Aug 2006
Location: Away from this place
Posts: 4,430
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by FlightMan
Their main target was running down the loan book, something Brown has told them to reverse. Just wait in 2010 they'll get bonuses for doing the exact opposite.
So let me get this straight.

You are moaning about employees doing their job, in accordance with their "employer's" direction, doing that job well, and getting rewarded for that.

You a closet socialist per chance?
Old 22 January 2009, 03:35 PM
  #32  
Devildog
Scooby Regular
 
Devildog's Avatar
 
Join Date: Aug 2006
Location: Away from this place
Posts: 4,430
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by ex-webby
So now those employees are being rewarded due to a business model the new Northern Rock's board adopted. A model over which those same employees had no control?

Just checking!
Indeed Simon. Their bonus is based on performance alone. They don't make the policy.

That's the whole concept of being an employee, not an employer. Something quite a few people posting on this thread appear to be struggling with.

Not quite sure what your point is, other than an attempt to be "clever" about the issue?

When the reality is that, and I can say this with a fair degree of conviction, this is an arena in which I am considerably more knowledgeable than you

Last edited by Devildog; 22 January 2009 at 03:50 PM.
Old 22 January 2009, 04:43 PM
  #33  
ronjeramy
Scooby Regular
iTrader: (1)
 
ronjeramy's Avatar
 
Join Date: May 2006
Location: Cas Vegas
Posts: 7,833
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Hanley
I think you've got your reds and blacks the wrong way round
LOL yeah I realised after posting, and being at work forgot to go back and edit


I think one of the points that keeps getting missed here, is NR haven't made a profit yet, as the debt hasn't been paid off, it's the tax payers money that they are paying these bonuses
Old 22 January 2009, 07:51 PM
  #34  
AllanB
Scooby Regular
 
AllanB's Avatar
 
Join Date: Feb 2000
Location: Potters Bar
Posts: 2,924
Likes: 0
Received 0 Likes on 0 Posts
Default

Oh FFS is the have an have nots again, personally they are welcome to it if they perform well. I wish performance related pay was a more common practice. 10% of what anyway if they are not being paid much 10% seems fair if they are really doing a good job.

Lets stop moaning about this country and acknowledge that maybe.. just maybe something positive has happened that will eventually benefit us all directly or indirectly. Personally I'd be happy to see a stable banking sector willing to offer loans to kick start the economy again


AllanB
Old 22 January 2009, 11:31 PM
  #35  
Midlife......
Scooby Regular
iTrader: (2)
 
Midlife......'s Avatar
 
Join Date: Feb 2004
Posts: 11,583
Likes: 0
Received 4 Likes on 4 Posts
Default

Mateeboy......

Spot on, I'm an NHS employee and would guess I have earned about £1,000,000 less than my mates who have decided not to be an NHS employee.

but I have a final salary pension scheme LOL

Shaun
Old 23 January 2009, 06:56 AM
  #36  
jasey
Scooby Senior
 
jasey's Avatar
 
Join Date: Nov 2001
Location: Scotchland
Posts: 6,566
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by AllanB
Oh FFS is the have an have nots again, personally they are welcome to it if they perform well. I wish performance related pay was a more common practice. 10% of what anyway if they are not being paid much 10% seems fair if they are really doing a good job.
AllanB
Problem is they seem to be getting a 10% bonus for not doing anything.

Before the issue with NR was that they were lending money to anyone with a pulse - After we bailed them out they've stopped lending to anyone.

10% bonus for stopping work.

Where do I sign up .
Old 23 January 2009, 09:07 AM
  #37  
MJW
Scooby Senior
 
MJW's Avatar
 
Join Date: Nov 2001
Location: West Yorks.
Posts: 4,130
Likes: 0
Received 0 Likes on 0 Posts
Default

I personally don't see the problem - the NR staff are being given an incentive to pull out all the stops & pay back the taxpayer's money in the shortest time possible. Surely this is a good thing ?
Old 23 January 2009, 07:20 PM
  #38  
tanyatriangles
Scooby Regular
iTrader: (2)
 
tanyatriangles's Avatar
 
Join Date: Jan 2007
Location: l'on n'y peut rien
Posts: 2,922
Likes: 0
Received 0 Likes on 0 Posts
Default

So are we saying that none of these banks, NR included, have taken government handouts and then payed their top guys bonuses? Thought not.

And have any of the top guys who got the banks into this position through their greed and dishonesty been sacked? Gone voluntarily? Resigned? What, no again?

See, this is the sort of thing that boils the p*ss of someone like my lad who trained 4 years, and now has to sign on every 2 weeks for £95 a fortnight.

Of his gang of mates who didn't go to uni, only ONE is still in work
Apparently there are 7 applicants for EVERY job around here now, and more being thrown out of work every day. Even HGV drivers are losing their livelihood and 5 years ago were apparently suffering a shortfall of 30, 000 in that industry alone. Solved by Blair/McBroon lettting in Johnny Foreigner in droves.

Local to me, there are three major building projects, including two power stations and a huge dock. NOT ONE UK worker has been taken on............all Italian, Spanish and Eastern European.
Why? the companies that got the contracts were Italian, Spanish etc

WTF is UK PLC doing?
Old 24 January 2009, 01:04 PM
  #39  
ex-webby
Orange Club
 
ex-webby's Avatar
 
Join Date: Oct 1998
Posts: 13,763
Likes: 0
Received 1 Like on 1 Post
Default

Indeed Simon. Their bonus is based on performance alone. They don't make the policy.

That's the whole concept of being an employee, not an employer. Something quite a few people posting on this thread appear to be struggling with.

Not quite sure what your point is, other than an attempt to be "clever" about the issue?

When the reality is that, and I can say this with a fair degree of conviction, this is an arena in which I am considerably more knowledgeable than you
No need to get defensive, love.

We've established many times that you are more knowledgeable than me on a raft of subjects. Why would we expect this to be any different?

I'm sorry my point was lost on you.. I was just having some fun. I'll go and thrash myself to within an inch of my life as pennance
Old 24 January 2009, 01:56 PM
  #40  
Jamie
Super Muppet
 
Jamie's Avatar
 
Join Date: Apr 2004
Location: Inside out
Posts: 33,364
Likes: 0
Received 0 Likes on 0 Posts
Default

I'm sorry my point was lost on you.
Old 24 January 2009, 02:01 PM
  #41  
zs_phil
Scooby Regular
iTrader: (1)
 
zs_phil's Avatar
 
Join Date: Sep 2007
Location: yorkshire (mostly)
Posts: 1,865
Likes: 0
Received 0 Likes on 0 Posts
Default

to be fair i did get taxed quite alot on that £3500 bonus so its not reaaly a bonus is it .
looking at buying a nice ball diver tmt watch .

















joking the only bonus i got this week was a letter saying we are going back to a 4 day week ,i spent most of last year on a 3 day or 4 day week
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
S600HBY
Wheels And Tyres For Sale
11
01 November 2015 04:23 PM
toyney83
General Technical
10
02 October 2015 08:38 PM
Lillyart14
ScoobyNet General
24
01 October 2015 01:29 AM
Pro-Line Motorsport
Car Parts For Sale
2
29 September 2015 07:36 PM
Phil3822
ScoobyNet General
3
26 September 2015 08:06 PM



Quick Reply: EXCUSE ME MR BROWN BUT WTF IS GOING ON.



All times are GMT +1. The time now is 11:52 PM.