Re: How does one justify 7.1%?
Mmm, I've thought whether I should post on this thread and decided that I won't hide on it.
I got 6% this year... that was based purely on the fact that I got a very good review, my salary is compared to comparative roles in teh Industry I work and teh fact that we announced good profits. Should I have been penalised with less because of the fact some other Banks aren't performing as well as we do or the fact I am obviously a asset to teh company?
It may sound really capitalistic but I work hard ( Very hard in fact) in a VERY specialised area of which I'm considered expert, managing services that churn > 300 BILLION pounds a day. Why shouldn't I get a decent pay rise?
Now back to teh man in Q, Andrew has alluded to his very good performance, I wouldn't be surprised if its not in his contract what he would get based on performance so why shouldn't he get it if he hits his targets?
Yes, 100K is a lot of money, teh adage pay peanuts get monkeys springs to mind, look at teh other thread about all teh bickering in teh council over declaring interests, quite simply we don't employ experts in this field, only people who make their way through teh ranks to hopefully some position of power WITH NO FORMAL QUALIFICATIONS OR EVEN A TESTED HISTORY. Think about it, we trust our borough to a bunch of under qualified, non performance tested joe blogs...... and then we winge when we don't like what they do.
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