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Old 10-02-2012, 09:03   #12
Resting in Peace
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Re: Are they worth it?

The problem with this so called bonus system within the banking industry is a smoke screen, to me a bonus scheme works when, due to your efforts you increase results and productivity and are rewarded with extra on top of your wage, this doesn't seem the case in the banking industry. Mr Hester had a salary of 1.2 million, nice wage if you can get it, and I've no doubt what so ever that he's worth it or why would Gordon have okayed it, but to then nearly doubling it when not actually meeting the targets that were set is laughable really
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