Quote:
Originally Posted by ianch99
On the subject of banker's bonuses, you may not realise that the EU rule that they are repealing caps bonuses at a maximum of 200% of the base salary.
Can anyone here tell me who is getting a 200%+ bonus on top of their base salary?
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You are missing two important points. Firstly, this move simply brings us into line with our competitors. Secondly, the cap didn’t even work, because employers simply raised basic pay to make up for the cap on bonuses.
But all you can see is they get much more than you. It’s time to start thinking about what’s in the interests of the economy. For God’s sake, we are relying on better economic performance to fund our public services. This is not the time to show jealousy towards people earning more than us when there is a greater good to be achieved.