Barclays to cut up to 12,000 jobs as bonuses jump 10 per cent

Bournemouth Echo: Barclays to cut up to 12,000 jobs as bonuses jump 10 per cent Barclays to cut up to 12,000 jobs as bonuses jump 10 per cent

Barclays, which has a base in Poole, above, plans to cut up to 12,000 jobs, including 7,000 in the UK.

The bank said it had already told around half the staff affected.

The news came as the bank revealed a 10 per cent rise in its bonus pool despite a 32 per cent drop in underlying annual profits.

It said its investment banking staff would share £1.6bn in bonuses, up 13 per cent on 2012.

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11:53am Wed 12 Feb 14

High Treason says...

Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus. High Treason
  • Score: 5

12:25pm Wed 12 Feb 14

rayc says...

High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
[quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money. rayc
  • Score: 4

1:07pm Wed 12 Feb 14

muscliffman says...

High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
Sadly the sheeple just won't bother to do this, in a month's time most foolish folk with Barclay's Bank accounts will still be supporting this dreadful outfit with their money and business. But don't worry the Bank confidently knows that!

To be fair, Barclays was not one of the Banks the taxpayer had to bail out, it will be interesting when a Bank that we did 'assist' reverts to form with these sort of obscene activities.
[quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]Sadly the sheeple just won't bother to do this, in a month's time most foolish folk with Barclay's Bank accounts will still be supporting this dreadful outfit with their money and business. But don't worry the Bank confidently knows that! To be fair, Barclays was not one of the Banks the taxpayer had to bail out, it will be interesting when a Bank that we did 'assist' reverts to form with these sort of obscene activities. muscliffman
  • Score: 0

1:09pm Wed 12 Feb 14

bosco1 says...

Go to Santander they pay monthly interest on balance of over £1000 on current account,They pay you for using direct debits to pay for Most household bills and its all credited to your account every month.Move away from Barclays.!!
Go to Santander they pay monthly interest on balance of over £1000 on current account,They pay you for using direct debits to pay for Most household bills and its all credited to your account every month.Move away from Barclays.!! bosco1
  • Score: -5

1:09pm Wed 12 Feb 14

BoscVegas says...

rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
[quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity. BoscVegas
  • Score: 6

2:26pm Wed 12 Feb 14

rayc says...

BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
[quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem? rayc
  • Score: 1

3:20pm Wed 12 Feb 14

John T says...

rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
[quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation. John T
  • Score: 4

3:59pm Wed 12 Feb 14

BoscVegas says...

John T wrote:
rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
No it was a world wide recession a lot of banks failed just as fantastically.
for example RBS only failed because they bought ABN AMRO, which is a Dutch bank, who had invested heavily in CDOs. RBS themselves would not have had much exposure to toxic investments if they had not bought ABN AMRO.

As for our economy it isn't actually that bad compared to many other nations. don't get me wrong, it is **** but its not as **** as being from Spain or Greece.
[quote][p][bold]John T[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.[/p][/quote]No it was a world wide recession a lot of banks failed just as fantastically. for example RBS only failed because they bought ABN AMRO, which is a Dutch bank, who had invested heavily in CDOs. RBS themselves would not have had much exposure to toxic investments if they had not bought ABN AMRO. As for our economy it isn't actually that bad compared to many other nations. don't get me wrong, it is **** but its not as **** as being from Spain or Greece. BoscVegas
  • Score: 0

5:14pm Wed 12 Feb 14

Bob Bournemouth says...

Sorry John T, Barclays counter staff DO get paid peanuts - I should know, I was one. Neither do they get bonuses - the ones talked about in the media who get huge bonuses are the directors etc who earn a fortune too!
Sorry John T, Barclays counter staff DO get paid peanuts - I should know, I was one. Neither do they get bonuses - the ones talked about in the media who get huge bonuses are the directors etc who earn a fortune too! Bob Bournemouth
  • Score: 1

6:40pm Wed 12 Feb 14

Jon H says...

BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Very good points you've made there.
[quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Very good points you've made there. Jon H
  • Score: -2

8:14pm Wed 12 Feb 14

Jon H says...

John T wrote:
rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
Speak not of what you do not know.

A nurse earns between £21,388 to £40,588.

A bank clerk will earn £12,274 - £22,487.

So you are talking ****.

And only senior management will receive bonuses. (Apart from short term sales bonuses)
[quote][p][bold]John T[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.[/p][/quote]Speak not of what you do not know. A nurse earns between £21,388 to £40,588. A bank clerk will earn £12,274 - £22,487. So you are talking ****. And only senior management will receive bonuses. (Apart from short term sales bonuses) Jon H
  • Score: -5

8:38pm Wed 12 Feb 14

fireflier says...

Time everyone went on strike demanding large bonuses to pad out our wages!!!!

We are all in it together after all !!!!!!
Time everyone went on strike demanding large bonuses to pad out our wages!!!! We are all in it together after all !!!!!! fireflier
  • Score: 3

10:42pm Wed 12 Feb 14

John T says...

Jon H wrote:
John T wrote:
rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
Speak not of what you do not know.

A nurse earns between £21,388 to £40,588.

A bank clerk will earn £12,274 - £22,487.

So you are talking ****.

And only senior management will receive bonuses. (Apart from short term sales bonuses)
You arrogant little banker.

On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.
[quote][p][bold]Jon H[/bold] wrote: [quote][p][bold]John T[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.[/p][/quote]Speak not of what you do not know. A nurse earns between £21,388 to £40,588. A bank clerk will earn £12,274 - £22,487. So you are talking ****. And only senior management will receive bonuses. (Apart from short term sales bonuses)[/p][/quote]You arrogant little banker. On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing. John T
  • Score: 0

9:26am Thu 13 Feb 14

ReservoirFrogs says...

If you take a close look at the annual figures, the majority of revenue is made in the Investment Services division. This is also where the obscene bonuses are paid. Most people whom you will come across that work in Banks' will consider themselves fortunate to receive any bonus at all, and is almost certainly to ba of a small amount.
Also the retail division of Banks (current accounts in particular) actually are run at a loss in the hope that the more expensive products (Mortgages/Loans) are taken out. SO, if youwnat to hurt the Banks then I suggest you dont move accounts but open more.
If you take a close look at the annual figures, the majority of revenue is made in the Investment Services division. This is also where the obscene bonuses are paid. Most people whom you will come across that work in Banks' will consider themselves fortunate to receive any bonus at all, and is almost certainly to ba of a small amount. Also the retail division of Banks (current accounts in particular) actually are run at a loss in the hope that the more expensive products (Mortgages/Loans) are taken out. SO, if youwnat to hurt the Banks then I suggest you dont move accounts but open more. ReservoirFrogs
  • Score: 0

10:43am Thu 13 Feb 14

scrumpyjack says...

John T wrote:
Jon H wrote:
John T wrote:
rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
Speak not of what you do not know.

A nurse earns between £21,388 to £40,588.

A bank clerk will earn £12,274 - £22,487.

So you are talking ****.

And only senior management will receive bonuses. (Apart from short term sales bonuses)
You arrogant little banker.

On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.
Wow.

No really, wow.

That has just made my Top 10 most stupid and inaccurate things I have ever read. Ever.

But I am intrigued how you could get it so wrong.

Here's my links to where I got my information...(oh and btw I am not a banker I am self employed)

http://www.nhscareer
s.nhs.uk/explore-by-
career/nursing/pay-f
or-nurses/

http://www.payscale.
com/research/UK/Job=
Bank_Clerk/Salary

So, I've evidenced what I said.

Can't wait to see what you have to in anyway support your "at least" £39,500 a year earned by bank branch staff.

(Good luck with that as most bank managers don't even earn that much......)
[quote][p][bold]John T[/bold] wrote: [quote][p][bold]Jon H[/bold] wrote: [quote][p][bold]John T[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.[/p][/quote]Speak not of what you do not know. A nurse earns between £21,388 to £40,588. A bank clerk will earn £12,274 - £22,487. So you are talking ****. And only senior management will receive bonuses. (Apart from short term sales bonuses)[/p][/quote]You arrogant little banker. On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.[/p][/quote]Wow. No really, wow. That has just made my Top 10 most stupid and inaccurate things I have ever read. Ever. But I am intrigued how you could get it so wrong. Here's my links to where I got my information...(oh and btw I am not a banker I am self employed) http://www.nhscareer s.nhs.uk/explore-by- career/nursing/pay-f or-nurses/ http://www.payscale. com/research/UK/Job= Bank_Clerk/Salary So, I've evidenced what I said. Can't wait to see what you have to in anyway support your "at least" £39,500 a year earned by bank branch staff. (Good luck with that as most bank managers don't even earn that much......) scrumpyjack
  • Score: -1

1:43pm Thu 13 Feb 14

Bob Bournemouth says...

scrumpyjack wrote:
John T wrote:
Jon H wrote:
John T wrote:
rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
Speak not of what you do not know.

A nurse earns between £21,388 to £40,588.

A bank clerk will earn £12,274 - £22,487.

So you are talking ****.

And only senior management will receive bonuses. (Apart from short term sales bonuses)
You arrogant little banker.

On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.
Wow.

No really, wow.

That has just made my Top 10 most stupid and inaccurate things I have ever read. Ever.

But I am intrigued how you could get it so wrong.

Here's my links to where I got my information...(oh and btw I am not a banker I am self employed)

http://www.nhscareer

s.nhs.uk/explore-by-

career/nursing/pay-f

or-nurses/

http://www.payscale.

com/research/UK/Job=

Bank_Clerk/Salary

So, I've evidenced what I said.

Can't wait to see what you have to in anyway support your "at least" £39,500 a year earned by bank branch staff.

(Good luck with that as most bank managers don't even earn that much......)
I don't know where Jon H gets his figures from but he is way out. Branch staff (who have to face all the complaints about bonuses) don't even get them and their salaries are nowhere near what he was quoting.
[quote][p][bold]scrumpyjack[/bold] wrote: [quote][p][bold]John T[/bold] wrote: [quote][p][bold]Jon H[/bold] wrote: [quote][p][bold]John T[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.[/p][/quote]Speak not of what you do not know. A nurse earns between £21,388 to £40,588. A bank clerk will earn £12,274 - £22,487. So you are talking ****. And only senior management will receive bonuses. (Apart from short term sales bonuses)[/p][/quote]You arrogant little banker. On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.[/p][/quote]Wow. No really, wow. That has just made my Top 10 most stupid and inaccurate things I have ever read. Ever. But I am intrigued how you could get it so wrong. Here's my links to where I got my information...(oh and btw I am not a banker I am self employed) http://www.nhscareer s.nhs.uk/explore-by- career/nursing/pay-f or-nurses/ http://www.payscale. com/research/UK/Job= Bank_Clerk/Salary So, I've evidenced what I said. Can't wait to see what you have to in anyway support your "at least" £39,500 a year earned by bank branch staff. (Good luck with that as most bank managers don't even earn that much......)[/p][/quote]I don't know where Jon H gets his figures from but he is way out. Branch staff (who have to face all the complaints about bonuses) don't even get them and their salaries are nowhere near what he was quoting. Bob Bournemouth
  • Score: -2

5:42pm Thu 13 Feb 14

John T says...

scrumpyjack wrote:
John T wrote:
Jon H wrote:
John T wrote:
rayc wrote:
BoscVegas wrote:
rayc wrote:
High Treason wrote:
Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.
I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.
I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money.

that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.
Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?
I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be?
Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.
Speak not of what you do not know.

A nurse earns between £21,388 to £40,588.

A bank clerk will earn £12,274 - £22,487.

So you are talking ****.

And only senior management will receive bonuses. (Apart from short term sales bonuses)
You arrogant little banker.

On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.
Wow.

No really, wow.

That has just made my Top 10 most stupid and inaccurate things I have ever read. Ever.

But I am intrigued how you could get it so wrong.

Here's my links to where I got my information...(oh and btw I am not a banker I am self employed)

http://www.nhscareer

s.nhs.uk/explore-by-

career/nursing/pay-f

or-nurses/

http://www.payscale.

com/research/UK/Job=

Bank_Clerk/Salary

So, I've evidenced what I said.

Can't wait to see what you have to in anyway support your "at least" £39,500 a year earned by bank branch staff.

(Good luck with that as most bank managers don't even earn that much......)
scrumpyjack

Lloyds Bank have today announced that it has increased its pool of bonuses for ALL staff to £391 million from the previous year's bonus payout of £365 million. Even making allowance for their cash-strapped Chief Executive getting a measly £1.7million bonus, not including share option benefits, of course, this means an average of about £3750 each in bonuses for all other staff based on a staff size of 104000 (the Bank's figure, not mine). So, either you and Bob Bournemouth or Lloyds Bank are lying when you suggest bank counter staff don't get bonuses. With the previous honesty and trustworthyness of both you and Lloyds Bank, it is tricky to know which of you are telling the truth.
Just to put you straight, at no point have I said,or implied, that bank branch staff get ''at least'' £39500 a year.
Oh and btw, I do hope you show a little more integrity with your own business dealings.
[quote][p][bold]scrumpyjack[/bold] wrote: [quote][p][bold]John T[/bold] wrote: [quote][p][bold]Jon H[/bold] wrote: [quote][p][bold]John T[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]BoscVegas[/bold] wrote: [quote][p][bold]rayc[/bold] wrote: [quote][p][bold]High Treason[/bold] wrote: Close your Barclay's accounts. Move your savings etc to another bank. When they no longer have any income from savers and account charges they will not have enough money to pay a big fat bonus.[/p][/quote]I don't think not having any money has stopped banks paying large bonuses. They even carry on paying them when they have been bailed out by the tax payer and still owe us money.[/p][/quote]I doubt this comment will be a popular one but: There is a reason that banks have to pay these obscene bonuses. the fact of the matter is that the UK economy is overly reliant upon our banking sector. In order to keep it afloat we need the best brains in the world to want to work London and the only way to attract them is money. that said, as a Barclays customer I do think its unfair that their counter staff get paid peanuts. I also find it annoying that they keep making administrations staff redundant at the detriment to customer service; that their interest rates are pathetic and that they try and make money out of me at every opportunity.[/p][/quote]Having the best brains in the world was no help when we had the banking crisis. Perhaps having the best but not the most honest brains was the problem?[/p][/quote]I think what BoscVegas meant is that 'money should be no object' when it comes to rewarding failure. After all, it must be difficult to find others throughout the World who could fail as spectacularly as British bankers have, and destroy the UK economy for generations to come....or would it be? Furthermore, bank counter staff do not get paid peanuts compared with NHS or Job Centre staff who get no bonuses, and have a far more arduous job and face incessant insults and aggravation.[/p][/quote]Speak not of what you do not know. A nurse earns between £21,388 to £40,588. A bank clerk will earn £12,274 - £22,487. So you are talking ****. And only senior management will receive bonuses. (Apart from short term sales bonuses)[/p][/quote]You arrogant little banker. On top of getting an annual salary of over £20000, a bank clerk can get over £2000 in bonuses, £2500 in commission and up to £15000 in profit sharing.[/p][/quote]Wow. No really, wow. That has just made my Top 10 most stupid and inaccurate things I have ever read. Ever. But I am intrigued how you could get it so wrong. Here's my links to where I got my information...(oh and btw I am not a banker I am self employed) http://www.nhscareer s.nhs.uk/explore-by- career/nursing/pay-f or-nurses/ http://www.payscale. com/research/UK/Job= Bank_Clerk/Salary So, I've evidenced what I said. Can't wait to see what you have to in anyway support your "at least" £39,500 a year earned by bank branch staff. (Good luck with that as most bank managers don't even earn that much......)[/p][/quote]scrumpyjack Lloyds Bank have today announced that it has increased its pool of bonuses for ALL staff to £391 million from the previous year's bonus payout of £365 million. Even making allowance for their cash-strapped Chief Executive getting a measly £1.7million bonus, not including share option benefits, of course, this means an average of about £3750 each in bonuses for all other staff based on a staff size of 104000 (the Bank's figure, not mine). So, either you and Bob Bournemouth or Lloyds Bank are lying when you suggest bank counter staff don't get bonuses. With the previous honesty and trustworthyness of both you and Lloyds Bank, it is tricky to know which of you are telling the truth. Just to put you straight, at no point have I said,or implied, that bank branch staff get ''at least'' £39500 a year. Oh and btw, I do hope you show a little more integrity with your own business dealings. John T
  • Score: 2

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