skomer Posted August 25, 2011 Share Posted August 25, 2011 http://www.guardian.co.uk/business/2011/aug/25/goldman-sachs-cuts-bankers-pay Some choice quotes... "...These days, when a banker doesn't get a bonus, they no longer leave automatically. They've got their salaries to fall back on – and, really, there's nowhere else for them to go" Still an 'average' wage there is only £263,000 ... it must be hard for them.... Quote Link to comment Share on other sites More sharing options...
Deckard Posted August 25, 2011 Share Posted August 25, 2011 (edited) Sounds like they are only bringing basic salaries down to pre-2009 levels. Edited August 25, 2011 by Deckard Quote Link to comment Share on other sites More sharing options...
MrPin Posted August 25, 2011 Share Posted August 25, 2011 http://www.guardian.co.uk/business/2011/aug/25/goldman-sachs-cuts-bankers-pay Some choice quotes... "...These days, when a banker doesn't get a bonus, they no longer leave automatically. They've got their salaries to fall back on – and, really, there's nowhere else for them to go" Still an 'average' wage there is only £263,000 ... it must be hard for them.... But I agree with you Mr Skomer, These guys (and gals) may be bright, but they are no Mozarts/ Riemanns! They were lucky, and maybe may not be so much more! Still I wish I had been "lucky"? Quote Link to comment Share on other sites More sharing options...
Mr. Piddle Posted August 25, 2011 Share Posted August 25, 2011 How can people be so bad at theirjobs and still fetch that salary? You just as well employ some 6 year olds for 10p and hour and still have the same outcome for the banks. Quote Link to comment Share on other sites More sharing options...
Guest_Bosworth_* Posted August 25, 2011 Share Posted August 25, 2011 They are cutting the salaries of people in "Group". For those of you who have ever worked in a big company, Group are the slightly ineffective guys and girls at the top who set policy and direction etc. Very removed from the coal face and unlikely to be the recipients of the big-boy bonuses. Glorified admin staff. Hardly a cause for celebration that some pain is being felt by that demographic. Quote Link to comment Share on other sites More sharing options...
erranta Posted August 25, 2011 Share Posted August 25, 2011 (edited) How can people be so bad at their jobs and still fetch that salary? You just as well employ some 6 year olds for 10p and hour and still have the same outcome for the banks. What this actually is - is a signal from the Goldman boardroom to go back to their evil, reckless and fraudulant ways at any cost for their annual Bonum. The City remains deliberately unregulated by our poxy, ineffectual, leaders - waiting to take their directorships after resigning as MP's and 'Cabinet' de toilette - our 'privy' Council Class Edited August 25, 2011 by erranta Quote Link to comment Share on other sites More sharing options...
gimble Posted August 26, 2011 Share Posted August 26, 2011 What this actually is - is a signal from the Goldman boardroom to go back to their evil, reckless and fraudulant ways at any cost for their annual Bonum. The City remains deliberately unregulated by our poxy, ineffectual, leaders - waiting to take their directorships after resigning as MP's and 'Cabinet' de toilette - our 'privy' Council Class Right on. Did you notice that Mandelson is just another one who's got a multimillion pound salary at one of the big investment banks. A 'labour' polititian. arf. Quote Link to comment Share on other sites More sharing options...
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