Originally Posted by
bernardd
Maybe, but think of the numbers (sorry my PC doesn't have pounds but all these number are UKL) - RBS is 2 billion / 160,000 employees = 12,500 per head on average. OK, so a big percentage of the 160,000 are in retail banking and relatively lowly paid. What is the UK average income? That 12,500 is a darn big percentage, so where is the money going?
It doesn't alter the fact that for employees in most businesses don't have the luxury of being able to blow through their investors money, then get HUGE amounts of money to tide them over from Taxpayers who have zero choice before next May.
Those poor suckers, including the folks in Ford, long ago lost any thought of a bonus and are struggling, striking even, to try to hold on to their jobs. Why should any retail Bank staff get bonuses funded by UK Taxpayers when Ford and BA and employees of a million small businesses get nothing? How on earth did we allow them this special position?
Well the different sources have different figures ..... some halving or more some of those pools. Nevertheless the point you make is right. I'm merely saying (perhaps badly) that in volume of employees "nearly all" are getting "very little".
The issue to me is that with our inept leader twaddling on with "not my fault guv - it's the Americans and the Bankers" - he and the government is getting off the hook.
This week we had our Home Secretary - Jacqui Smith - attmepting to justify her claim that £116,000 paid to her was justified. This was because she classified the house in her constituency where her familly lived, and her children went to school. and where she slept 4 times each commons business week was in fact her second home and her main home was her sisters spare bedroom where she slept upto 3 nights a week for part of the year. In any other environment this person would be fired. It is her judgement that she did nothing wrong. She is unable to undersrtand that the exploitation of loopholes is what they attack the rest of society about day in and day out. Never before has a British Government been so detatched from it's electorate and the leader leading the detatchement process.
I think I'm having a bad day.
Still. .......... back to BA!