Nice Little Earner !

[tonyav]

I wonder if IDS pay's himself a bonus.

http://www.msn.com/en-gb/news/uknews/dwp-staff-received-almost-%C2%A3140-million-in-bonuses-over-the-last-three-years/ar-CC4opo?li=AAaeUIW

[ummmm]

I ran a business and all employees got bonuses. They got paid a decent basic wage but they got bonuses for going above and beyond what was expected of them.

I really can't find anything wrong with that.

[naomi24]

Bouncer, you have to do better than that. It's all very well saying someone is wrong, but you need to justify that with rational argument. Oops! No can do!

Enjoy your drink.

[naomi24]

Ummmm, it was your business, your money, and solely your decision. The Civil Service is funded by the taxpayer. Therefore those who make the decisions are not spending their own money - they're spending ours.

[ummmm]

But if the incentive of a performance based bonus means people work harder and hits more targets then surely that can't be a bad thing?

I would guess that someone is employed for 20k pa but you'd really be happy to pay them 25k....if they perform better than expected.

[Hypognosis]

@naomi

Arguably, everyone in the "no I in TEAM" private sector contributes towards the profit that the company generates. Share dealers can't perform at peak with a crashed computer or a desk that hasn't been sanitised in weeks.

True, many of them are merely feeding the ball to the strikers who score the goals but that makes investment banker a *uniquely privileged* job.

There should be a public lottery for these jobs and maximum of two years in post". Make a few mill, then let somebody else have a go. How hard can it be? If they're all bonused up to the eyeballs it must be exceptionally difficult to lose money on trading.

[THECORBYLOON]

HYPO there's no "I" in "TEAM" but there is an "M" and an "E"...

[Hypognosis]

This argument, that Civil Servants "don't generate money"?

First, are you making out that they are uniquely privileged in having lost the job lottery and deserve to be punished, for life?

Second, it is hardly their fault that society has all manner of less-than-pleasant offshoot tasks which need constant attention. Why punish them for doing the kind of work you would, evidently, turn your nose up at?

Thirdly, why don't we let the roads crumble, so the private sector cannot get goods to consumers any more? While we're at it, why not let the schools and hospitals fall apart for want of staff or maintainance.

And try not to get into difficulties if you're messing around in boats. The lifeboats and helicopters may be private sector but the coastguards aren't.

[Hypognosis]

I need to reiterate a point I made, for clarity:-

If _everyone_ is getting bonuses then it can no longer be said to be a reward for _exceptional_ performance. To be "outstanding" you have to be the only such person and you have to be, via statistics viewable by all colleagues, clearly ahead of the rest.

If just one banker, per team, got the one available bonus then I'd not be complaining.

If everybody performs well, then don't they all deserve a raise?

The system which naomi describes sounds more like profit-sharing, to me. How would profit sharing be taxed?

[Hypognosis]

@THECORBYLOON

//HYPO there's no "I" in "TEAM" but there is an "M" and an "E"...//

Aye. Stick those two letters together and you get the name of a debilitating disease, with no cure.

(Yes I know that's not the word you meant but I couldn't resist).

[naomi24]

Hypognosis, //First, are you making out that they are uniquely privileged in having lost the job lottery and deserve to be punished, for life?//

What utter nonsense! Doing a job that doesn’t carry bonuses isn’t punishment. Millions of people do jobs that don’t carry bonuses.

//Why punish them for doing the kind of work you would, evidently, turn your nose up at?//

More 'punishment'. What on earth are you talking about? On second thoughts, don’t answer that. The rest of your post makes no sense either.