Just wondering about people's views on this.
There have been a large number of redundancies (and probably will be more after the NAMA transfers) and restructuring at Anglo.
There's surely a small identifiable number of people with added responsibilities working harder than ever before as a result. What exactly is the fuss around increasing their pay if they are now doing a much more onerous job?
People seem to have a problem with it. I personally have no problem seeing those working much harder getting paid better, particulary when people are being let go in significant numbers.
Or are there people who believe no one should get a pay raise in this climate. My view is that this is silly as it would merely act as a disincentive to get the head down and work through the crisis if the diligent are to be treated the same way as the not so diligent.
Or are there people who believe no one should get a pay raise in this climate.
Anglo Irish is being shored up by taxpayers money and its staff should be treated exactly the same as public sector workers
If it is reasonable to say that public sector employees shouldn’t get pay rises because their employer (the state) can’t afford to pay them then I don’t see why the same should not apply for a state owned bank which is also broke.
i agree.
There is an embargo on promotions in the Public and Civil Service. If somebody retires, the position is left vacant and everyone around must take on extra work load for the same (sorry less pay)
StevieC
Anglo Irish Bank have no money, they have been bailed out by the taxpayer. Shareholders lost everything. And now they want another €6bn and also give staff payrises (or promotions as you put it)
When the embargo is gone, someone will get a promotion and more pay.
There is an embargo on promotions in the Public and Civil Service. If somebody retires, the position is left vacant and everyone around must take on extra work load for the same (sorry less pay)
StevieC
Anglo Irish Bank have no money, they have been bailed out by the taxpayer. Shareholders lost everything. And now they want another €6bn and also give staff payrises (or promotions as you put it)
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