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50% Pay Rises At The Serious Fraud Office

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SFO chief seeks 50% salary rises for staff

Posted on 24 May 2011

white-collar crime agency wants to raise salaries by 50 per cent in a bid to stem a flow of departures, attract high-calibre recruits from private practice and compete with better-funded regulators.

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SFO chief seeks 50% salary rises for staff

The regulators needed pay rises to compete with the bankers

Now the SFO need pay rises to compete with the regulators.

Form an orderly queue please.

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I check the careers section on the website often, no jobs seem to ever come up :unsure:

Edited by Mr. Miyagi

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They never caught those devious bankers, did they?

Still, I'm sure the Frivolous Fraud squad are looking into it! ;)

Hey, if they had whilst they were at it they wouldnt be able to presure for disgraceful wage hikes would they - the beatification of the hopeless, the useless, the fraudulent, the liars and the crooks.

It is now policy - QE, interest rate policy, economic policy - benefit the bent and screw the rest. Moral hazard - old Kunt & Co wouldn't know the first thing about it.

Edited by OnlyMe

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The wallet dipping of the working man is going to go till it all collapses isn't it?

I think I'll give up, buy a massive house, new cars and max out all the credit cards then go bankrupt.

The game is rigged and there is no honest way to progress. Waiting for anyone to do the decent thing is an exersize in futility.

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The regulators needed pay rises to compete with the bankers

Now the SFO need pay rises to compete with the regulators.

Form an orderly queue please.

No doubt Mervyn is vigilantly watching this inflationary spiral take hold.

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Change the law so that you can seize ten times the assets of the amount anyone was convicted of defrauding.

And pay a portion of that seized as a bonus, the rest for the taxpayer.

If they take down a few bankers, then they get their money, and we as taxpayers benefit too.

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Change the law so that you can seize ten times the assets of the amount anyone was convicted of defrauding.

And pay a portion of that seized as a bonus, the rest for the taxpayer.

If they take down a few bankers, then they get their money, and we as taxpayers benefit too.

Yes it's funny how all the bankers agree that bonus's are vital to motivation yet no one wants bonus frenzied regulators running loose- that would be going too far. :lol:

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Ah that old chesnut that 'we must pay lots of money to get the best staff'

No. It is time to eliminate that complete fabrication.

If you pay lots of money you get staff who [ above all else] want lots of money............................... of course.

And by 'above all else' I mean above working in the interest of other stakeholders, above the law if they can get away with it , and definitely above what is good for society.

The best staff are the ones that want to just be paid a reasonable salary and are motivated by their contribution to the sucess of the venture not their own bank balance.

Why do so few people acknowledge this obvious fact?

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Ah that old chesnut that 'we must pay lots of money to get the best staff'

No. It is time to eliminate that complete fabrication.

If you pay lots of money you get staff who [ above all else] want lots of money............................... of course.

And by 'above all else' I mean above working in the interest of other stakeholders, above the law if they can get away with it , and definitely above what is good for society.

The best staff are the ones that want to just be paid a reasonable salary and are motivated by their contribution to the sucess of the venture not their own bank balance.

Why do so few people acknowledge this obvious fact?

Because it's horse shit?

unless they are partners in the venture of course.

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They could get the 50% pay rise in 2012-13.

Then the OBS is predicting general wages rise of 5.1%, 5.3% and 5.4% per year from 2013-14 onwards.

So every £1,000 they earn now could be £1,750 by 2016

You know what they will spend it on don't you?

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The regulators needed pay rises to compete with the bankers

Now the SFO need pay rises to compete with the regulators.

Form an orderly queue please.

Well, if reporting fraud was as lucrative as committing it, you'd have all the London and New York boys lining up for a job.

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      • down 5% +
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