Quote:
Originally Posted by andrewb
It appears that the nationalised bank Northern Rock, has just paid bonuses to it's staff. The bonus is because the bank has paid back half of its debt to the Bank of England. Average bonus of £2,000, with people on the higher wages being paid a lot more.
Ridiculous. In a time when people are struggling, and the government are shouting at banks for giving bonuses, the bank they have complete control over, goes ahead and starts handing out bonuses while the bank still owes the taxpayer billions of pounds.
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It may seem ridiculous to some but to the bank the only way to keep staff loyal and motivated is through bonuses. We have lost ours at work and been informed there is to be no payrise add to that no O/T and hey presto productivity has dropped. Sometimes you have to spend money to make money and they chose their way. Without incentives who will give 100% effort 100% of the time?