tonestapler Posted March 29, 2011 Share Posted March 29, 2011 An online campaign has overturned ING's executive pay policy, and the mood in Amsterdam is getting increasingly militant about bonuses at bailed-out banks. Your thoughts on why this is happening there rather than here. http://www.guardian.co.uk/business/2011/mar/27/dutch-bankers-bonuses-axed-by-people-power Some interesting reading on whether bonuses actually work or are needed here: http://www.telegraph.co.uk/finance/businessclub/8407627/Think-tank-Overpaying-staff-can-reap-rewards-for-businesses.html Link to comment Share on other sites More sharing options...
staffsNlaffs Posted March 29, 2011 Share Posted March 29, 2011 One reason is that the Dutch in general are more up to date with their countries politics and anyone that's spent some time there will have seen that they are avid readers of NEWSpapers not comics. Link to comment Share on other sites More sharing options...
anywebsite Posted March 29, 2011 Share Posted March 29, 2011 Hopefully they'll move to London then. Link to comment Share on other sites More sharing options...
L00b Posted March 29, 2011 Share Posted March 29, 2011 Some interesting reading on whether bonuses actually work or are needed here: http://www.telegraph.co.uk/finance/businessclub/8407627/Think-tank-Overpaying-staff-can-reap-rewards-for-businesses.html Interesting article, thanks for the link However, in the context of bank bonuses (those that make the headlines, i.e. which routinely amount to a banker's annual salary or more), maybe a bit irrelevant? Link to comment Share on other sites More sharing options...
tonestapler Posted March 30, 2011 Author Share Posted March 30, 2011 Interesting article, thanks for the link However, in the context of bank bonuses (those that make the headlines, i.e. which routinely amount to a banker's annual salary or more), maybe a bit irrelevant? The article was in The Business Telegraph, read by a wide range of business people, and aims to present an example of how paying decent basic pay produces better results than introducing a bonus culture. Teachers just happened to be the group of workers studied. Senior bankers are already more than handsomely remunerated. Although, calling them good business people might be stretching it given their recent record at running their industry efficiently. Link to comment Share on other sites More sharing options...
tonestapler Posted March 30, 2011 Author Share Posted March 30, 2011 UK is going Dutch? http://www.facebook.com/?ref=logo#!/UKBANKRUN Link to comment Share on other sites More sharing options...
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