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Big Bonuses Are Back at UK Banks
- jjgreen 3y agoSeems only fair, there's a 37% increase in the number of three-day emergency food parcels distributed by food banks after all. https://commonslibrary.parliament.uk/research-briefings/cbp-8585/ https://commonslibrary.parliament.uk/research-briefings/cbp-...
- ilrwbwrkhv 3y agoThe UK is basically destroying itself at multiple levels. It's really sad to see. Would have been nice to have a balanced counter partner in the anglo world to the USA.
- clarada 3y agoAs is common with EU rules, this rule had serious side effects. All that happened is that total pay stayed about the same, just that a greater fraction was salary. Before, if times were tough, then the banks could significantly cut overall costs by cutting bonuses. With these rules their hands were tied - they still had to pay the higher salaries.
- eulgro 3y agohttps://archive.ph/rEiB7 https://archive.ph/rEiB7