Banks still at it...
 

Read this elsewhere

QUOTE/

Looks like enterprise is alive and well at RBS. My wife who works for them has just had a letter informing her that she's getting a 14.5% wage rise. All staff who previously got profit bonus, now withdrawn at the behest of the govt, will get a 10% wage rise to compensate.

/QUOTE.

Good luck negotiating yourselves 10% pay rises folks! :razz:

2% here :( Better than a kick in the teeth though I guess, could have been jack all so got be be grateful for something :thumb:

And while we have a government that will just keep throwing cash at them, do you really think they will change?

Corse the average jo has no say in the matter - even tho we own the co. :mad:

We're getting 4.5%, no news on a bonus. I don't hold out much hope for one though!

Geezer

I have not had a payrise in over 3 years, I didn't get a bonus last year and they are asking us to take a 5% pay cut. Oh yeah and I work for the biggest IT company in the world who's turnover is in the billions of dollars range.

no pay rise for 2 years, just have taken a 30% cut in wages just to keep a job. This country sucks :(

Only got 3.6% this year, I say only as at one point it looked like it was going to be closer to 7%, (RPI linked)

Should still be getting a bonus in June, but nothing like what the banks used to award. :(

is that micro$ft by any chance

I think alot of these cost cutting measures, especially in large companies, is more to do with shareholders wanting to see things being done to protect their interests. Friend of mine works for a multi-billion dollar international company and has just had her hours cut by 20%. She still has the same amount of work to do! So they're saving money, plus still getting the work done... Looks good for the shareholders doesn't it?

As for the banks, it's institutional culture. Takes alot to change and us moaning about it is never going to have any effect on them.

That sounds suspiciously like IBM! I used to work for them, they do all they can to avoid giving you a pay rise!

Geezer

bonus gone here but 11% pay rise was given in jan so no complains from me

Sounds like it could be HP.....

8% last year, sweet FA this year :( Again IT / comms and financial processing.

Give that man a carrot :D

Here is summat to keep you all amused aswell.

DamianSaunders.net HP Pay Cuts - an unfair act of economic oportunism and greed.

and

http://www.union-network.org/UNIIBIT...B?Opendocument

You lot get quite nice bonuses though

From what I understand bank staff that generally get paid a low wage have performance based bonuses to supplement there wage, this isn't the big guys that screwed everything up, I think people forget that(probably not helped by our wonderful media reporting). I'm guessing that if the staff aren't getting bonuses anymore its only fair there wage goes up to a fair level, people I know that work in banks get paid far less than me and deserve a lot more for the job they do.

That Damian Saunders article is brilliant. It's going on everywhere, not just HP. Blantant greed with an ideal excuse.

Top 6 execs received over $142,000,000 in renumeration last year.

Lost for words.