Originally posted by sasguru
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Previously on "What were you doing when Thatcher was at the peak of her power?"
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Originally posted by sasguru View PostI don't think he has a strong suit. Except maybe being an expert in hair gel.
Anyway gotta go, even I have to do some work sometime.
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Originally posted by sasguru View PostNo because I might expose how crap they are.
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Originally posted by proggy View PostSo 2 million bonus equates to around 100k a year? Math not your strong suit eh?
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Originally posted by sasguru View PostThe point you are missing is that now we know the emperor has no clothes.
IT Contractors for years claimed that they were doing something special that needed rare skills which need to be remunerated specially.Now we know that was a pile of crap.
If the tax-payer owned banks suddenly stopped using contractors do you think they'll suddenly go bust? (They're already performing badly in spite of huge tax free pay.) I reckon nothing at all would happen that cheap bobs cannot do for a loaf of bread.
True it may hard to hold onto experienced contractors, but surely they're the ones you want to get rid off to get a new mentality in.
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Originally posted by sasguru View PostI've never worked for the public sector in my life. They couldn't afford me, most probably.
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Originally posted by DodgyAgent View PostWhy should RBS shackle itself by paying lower than the market rates for its people just because it is owned by the taxpayer?
Or do you think that because they are a public company they should pay less because it is "unfair to lesser low earning plebs like you?Originally posted by MyUserName View PostI am not much of an economics bod but surely an investment bank needs to pay about the same as other investment banks or they will just end up with the people no other banks want?
Bankers for years claimed that they were doing something special that needed rare skills which need to be remunerated specially.Now we know that was a pile of crap.
If the tax-payer owned banks suddenly stopped bonuses do you think they'll suddenly go bust? (They're already performing badly in spite of the bonuses.) I reckon nothing at all would happen in the immediate term.
True it may hard to hold onto experienced staff, but surely they're the ones you want to get rid off to get a new mentality in.
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Originally posted by MyUserName View PostI am not much of an economics bod but surely an investment bank needs to pay about the same as other investment banks or they will just end up with the people no other banks want?
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I am not much of an economics bod but surely an investment bank needs to pay about the same as other investment banks or they will just end up with the people no other banks want?
Leave a comment:
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