News0 min ago
An Advantage Of Brexit?
The EU limited the level of bankers bonuses to no more than twice their annual salary. There's talk of abolishing that limit.
As we sit considering our Winter fuel bills isn't it good to know the shackles imposed by an unelected foreign bureaucracy are being cast off.
As we sit considering our Winter fuel bills isn't it good to know the shackles imposed by an unelected foreign bureaucracy are being cast off.
Answers
> It is not the business of public authorities to interfere with what companies in the private sector do within their comp policy. Except when it follows those authorities royally bailing out those companies because they were "too big to fail", when the very reason they were in danger of failing was their executives chasing uncapped bonuses without...
12:51 Thu 15th Sep 2022
Curiously the OP doesn't object to his own personal wealth - but that was acquired not by working, as those who earn bonuses do, but by winning it in a television quiz show The half a million he won twenty years ago equates in today's terms to 1.5 million or thereabouts. Hmmm … not bad at all. Bit hypocritical of him though.
The OP also fails to understand what exactly is proposed.
All it means is they can pay a lower salary (and therefore lower pension contributions and redundancy) and make the pay performance based. Just like a McVities biscuit salesman.
They will still end up with the same pay, if anything its detrimental to the earner of the money as it isnt guaranteed.
All it means is they can pay a lower salary (and therefore lower pension contributions and redundancy) and make the pay performance based. Just like a McVities biscuit salesman.
They will still end up with the same pay, if anything its detrimental to the earner of the money as it isnt guaranteed.
No attack, sandyRoe - the truth, that's all. You didn't mind chasing wealth by any means available to you, but they earn what they have and they, according to you, are wrong. Hypocrisy, plain and simple.
//Same goes for getting a more highly-paid job.//
Try getting one, they are not as easy to do as you think.
People like the very high paid Bankers usually live their life around their work. In the case of Traders and Fund Managers the long term career prospects are short. Most burn out or give up the high flying positions.
If you dont pay people enough they wont do it. Then thats your pension stuffed as I doubt very much you could do your own. I couldn't and I have a lot of experience in Banking.
Try getting one, they are not as easy to do as you think.
People like the very high paid Bankers usually live their life around their work. In the case of Traders and Fund Managers the long term career prospects are short. Most burn out or give up the high flying positions.
If you dont pay people enough they wont do it. Then thats your pension stuffed as I doubt very much you could do your own. I couldn't and I have a lot of experience in Banking.
