I have a contract that says I get a bonus each year yet I dont and would be too ashamed to make a song and dance about it seeing as how my company is being bailed out by the taxpayer.
We work after hours but dont get overtime because the bonus was supposed to make up for it. However, as previously stated we havent gotten a bonus in 4 years.
Yet, these same rules dont apply to bank executives. Contracts must be honoured, but not for the little people.
Strange world
Lenihan on the radio earlier as good as blamed Spring for Doherty's appointment...saying he did'nt want him, there was a long stand off but Spring came to him and said that the delay was affecting international sentiment towards AIB!!!! and that Doherty was the best man for the job. ended up in the contract
No mention of how a clause was put in that 12 months notice or a years pay in lieu had to be ponied up when he eventually left
He did claim that the 2m pension related to all his years in AIB and not just this last 12 months
I worked for 15 years in the Bank of Ireland having joined in 1970. I was in their non contributory pension scheme. When I left I was told that I would not be entitled to any pension at any time. So for 15 years the Bank of Ireland put away money in to their pension scheme on my behalf. Where is it? Gone to pay the big boys pay-offs who probably only worked there for a few years?
I feel sorry for the frontline employees in banks, Banker. I recently had a verbal exchange with someone who was screaming at the cashier at my local bank, and blaming her for what the banks had done to the economy.
It should also be pointed out that all Bank employees on union negotiated contracts can claim overtime - an agreement exists between the IBOA & the Banks that all overtime should be recorded & paid for , the way it should be.
One might thing that 'contractual entitlements' are carried down to earth on the wings of fairies, given some of the coverage. They try to spin that no-one was really involved in this, and the contractual entitlements just happened.
This is not true, of course. Someone signed off on these ludicrous entitlements.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?