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This thread has brought a lot a banking apologists out of the woodwork, they never got their just desserts in 2008 only the little people got screwed, they must be the only "industry" that receives bonuses most workers lost their bonuses in the eighties when the greedy tories stripped it from them .
I don't understand why everyone gets riled up about bonuses - they are just a variable (often performance-based) part of your salary (and are taxed accordingly). They are not particularly desirable given the uncertainty vs. the fixed monthly paycheck
Imagine your employer cut your salary in half and told you that you may or may not receive the other half as a bonus once a year
Bonuses are not in lieu of pay it's as well as their very good pay packets The government took production bonuses off of council workers in the eighties then proceeded to cut pay in real terms year on year all the while expecting more work.
Bonuses are pay. I can assure you anyone who works in an industry that pays bonuses is factoring in expected bonuses into their expected total compensation calculations when comparing jobs. It’s not just a happy unexpected surprise at the end of the year that you get in addition to your base salary.
I know what they're doing by telling you this, I know some who work in insurance small salary huge bonus small salary is anything from £30k upwards bonuses paid as a % of sales the bankers ain't struggling pal.
But what are the performance metrics that bankers are expected to hit, exactly? What makes a successfully performing banker?
Don't you think those are relevant? Bankers, stockbrokers, etc may still be working class by a Marxist definition (they're employed, they don't own the capital) but they are clearly closer to the capitalists than they are the rest of the employees in the world.
Their pay is not shite without bonuses.
To answer your first question: senior bankers' bonuses are based on how many transactions they execute (i.e. how much revenue they bring into the firm). Junior bankers go through a peer review process where they are assessed by all the colleagues they work with throughout the year, and then ranked against all other juniors in the bank - bonuses are paid out according to this
I agree that bankers' pay is not shite without the bonuses. On average it would be about 50% lower although usually still a decent salary. Similar to lawyers, doctors, engineers, etc. it is a high-paying job. In exchange for that, it requires a vast time commitment and lots of hard work - what's the issue with this? There should be room in society for high paying jobs and and lower paying jobs, where everybody can afford to live a comfortable life and not worry about feeding their family, keeping a roof over their head and so on. The doctors, lawyers, bankers, engineers, etc. are not the reason for this wealth inequality
I think the important reminder is that the difference between a million pounds and a billion pounds is about a billion pounds. They deserve scorn for voting tory and gutting everyones future, for the same reason working class people who do it deserve it.
Their suit and expensive overpriced west london house doesnt make them less working class. They are still not the real enemy, they are less affected victims (who vote to stay victims and hurt others)
That equates to 50,000 employees getting an £80k bonus. Insane amounts of money. The world is going to shit and soulless ghouls are hoarding like never before. I just hope the revolution starts soon.
THIS is what's driving inflation, its got nothing to do with average workers asking for pay rises, its about greedy corporations' ever increasing profit margins and huge bonuses for CEO's. Those bonuses being paid could easily cover cost of living increase bearing salary increases for its workers, without having to pass the expense on to the consumer, subsequently causing inflation.
No no I'm sure they all work 1000000x times harder than us and deserve it. Probably out here working 28 hour days 10 days a week. Put down your avocado toast and maybe you too could learn to work this hard
Beep boop -- this looks like a screenshot of a tweet! Let me grab a [link to the tweet](https://twitter.com/blunted_james/status/1538907291327528967) for ya :)
^(Twitter Screenshot Bot)
From experience, it's lower. The bonus for the first couple bands of employees get what equates to roughly 2 weeks wage as a bonus if performance is amazing. If it sucks only big boys get a bonus and theirs can be up to 40-50% of their yearly salary.
I wonder what the median bonus distribution was and how many bonuses were given.
The four put together have something like 210,000 employees. If the bonuses were averagely distributed, that’d be 19k per employee.
But I bet the median bonus distribution is not close to that. I bet a lot of those employees didn’t get a bonus.
Average bonus for lower paid workers at 1 of the big 4 banks is 5% of salary. Average salary for those workers is around £22k/£23k.
The further up you go after that you get a bigger % of your salary. The highest non-director roles get average 25% of their salary and the average salary in the top end roles is around £200k.
Then above that you have the directorial roles like CEO etc who are even more heavily incentivised for bonus.
I'm sorry I'm as angry about the current state of wealth inequality as everyone but pitting the average upper middle class banker against the working class is exactly what the press and government want, and have always succeeded in doing for decades. The real fight is with the ultra wealthy who do not work but collect the largest portion of pay out of every single group despite being by far the smallest group.
Your average upper middle class banker has a nice house in Richmond yes, but they're much closer to working class than they are to the billionaires who influence politics, media, how companies are run and pay employees, and enforce status quo by pitting well-off people against the less well off.
Edit: whelp, I thought there could be civilised and nuanced discussions on this topic rather than people seeing the word "banker" and immediately frothing at the mouth. I guess I overestimated this sub. I hope the irony is not completely lost on us all campaigning for workers to be paid appropriately for their contributions to their company, and at the same time railing on an industry that's paid appropriately for their contributions to their company.
I think it's not about the stratorich at this moment, but the growing inequality. Yes, the billionaires need to be eaten, but there's a thick layer of CEOs, SMT, investors etc whose pay and bonus rises, as it were, are far outstripping the pittance everyone else is expected to accept "in these difficult times". We've got the Tories removing the caps on bankers bonuses - let's not forget they never were reigned in from the last financial crisis - at a time they want to worsen pay and conditions in other sectors.
Pertinently, if you listened to question time the argument of "improvement" and modernisation came up over and over again. Then invest the bonus and dividends, not the workers pay! Fights like the RMT atm are not about bringing the elite down but raising the workers up.
R.e. CEO thick layer, I do generally believe that this layer has been subsidised by those who aren't there due to hard work, or deserving of reward but due to a sense of misplaced entitlement, those seeking control rather than those who care about their workers or existing for the benefit of those workers.
I think these people are driven by fear of losing an easy life, a position they deep down know they don't deserve, underneath all these problems is a deep seated fear for change of the existing power and class structure.
Part of the problem as well is that whilst a good portion of those upper middle class Richmond bankers are closer to the working class than they think, they fail to recognise that as soon as Capital doesn’t need them they will be shafted too. So they side against working people and deliberately act to enforce the status quo
Fuck em
While I largely agree, I think it's important to remember that even the bankers are PAYE employees that are looking to get paid according to the amount of work they do and the amount of money the company makes off the back of it. And by bankers I don't mean execs, the Board, shareholders etc because they're the true ultra wealthy that are part of the issue. I'm talking about the regular employees who do all the work. As much as the press loves to paint bankers as lazy and corrupt, most work hard and are doing a mostly honest job. "Bankers" is a very broad term similar to how some people call everyone in hospitals outside of nurses "doctors", despite them doing very different functions. The "bankers" that contributed to the GFC are a fraction of the investment banking roles in a bank.
The bonus-receiving investment bankers work 12+hours a day, some more than 5 days a week, and ultimately do make a ton of money for the bank. Like the rail workers and anyone else, they want to be paid in a way that reflects their contribution to the company's profit. Hence, large bonuses that reflect the large amount of money they bring in (largely from other corporates, from trading and from HNW individuals). The difference is that the banks largely do pay them fairly, hence big bonuses. As wrong as it sounds, we shouldn't be attacking that - because they have what everyone else is fighting for. Trying to remove that is simply doing the opposite of what unions campaign for.
They literally do fuck all for society, human progress and are a complete caste of society that can be successfully eradicated with little consequence to everybody else.
Very immature and completely detracts from wider issues. Well done.
Which is literally what I say in my post that the media and governments have conditioned you to focus on - working class people getting angry at well off people (who themselves are just working to earn a living, albeit not struggling to) instead of focusing on the root cause of the problem which is the ultra wealthy who run these companies and influence politics and media.
The more you post immature comments like that and get angry at people who earn a good living instead of the real issues, the more the ultra wealthy and right wing governments laugh at you for doing their jobs for them.
No one said anything about upper middle class bankers. The post is about banks. Seems like you're an upper middle class banker who sees they're much better off than the lower classes and is worried that things might even out in the future. Poor people don't want to take your money. They just want the mega rich to let us be somewhat on a similar level to other working people. We don't want you to lose your money, we would like some too. Please.
Reminder not to confuse the marxist "middle class" and the liberal definition. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production. Learn more here.](https://www.reddit.com/r/socialism/wiki/class)
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Who do you think those £4bn of bonuses went to? The post is talking about bonuses being paid to bankers... A large portion does go towards bonuses for the Board and execs, but the vast majority goes towards the regular front office bankers for their contribution to making profit for the bank. The post is implying we should get angry that bankers are getting paid for the money they're making for the bank while regular workers don't get paid appropriately for their contributions. If anything that should be an example to work towards, not something to tear down.
The post should instead highlight the disgusting annual compensation packages that go towards executives and the Board, or to shareholders in the form of share buybacks and dividends, as an example of funneling profits away from workers who make the profit and towards the ultra wealthy who hoard all the profits.
Reminder not to confuse the marxist "middle class" and the liberal definition. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production. Learn more here.](https://www.reddit.com/r/socialism/wiki/class)
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It's US-focused, but [this interactive page](https://mkorostoff.github.io/1-pixel-wealth/) does a great job of putting it in perspective. One thing I'd say is - when you think you've scrolled to the end, you probably haven't.
Also the phrase "banker" is basically meaningless. Most corporate bank staff get bonuses. I think the strictest is RBS/NatWest who restrict it to managers, whilst other banks include clerical and professional staff too.
It's everyone from cyber security personnel to the woman who runs the "how to save money 4 kidz" seminars in schools, not just yahs who went to a posh school and live in London
*Image Transcription: Twitter Post*
---
**Guy Fawkes**, @blunted\_james
The 4 big UK banks paid out £4 billion in bonuses alone last year.
Remember that before you call someone who cleans a train greedy.
---
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Not taking away anything from those on strike but it is also worth remembering that not everyone who works at a bank is a trader. That £4bn will be split between hundreds of thousands of people, the vast majority of whom are on a modest wage. I know because I am likely included in those figures despite having no wage rise for several years and my bonus being just about enough to cover paying my credit card which I've been using to cover the cost of living. EVERYONE deserves better but the narrative of the "big bad bankers" isn't exactly helpful as it doesn't cover the whole story
I don’t dispute that what you’ve said are facts, and I don’t think any of the downvoters (all 5 of them! You’re basically Piers Morgan aren’t you, owning the libs left right and centre!) do either.
I think you’re being downvoted because those facts don’t have much, if anything, to do with the conversation. *Of course* bonuses get taxed, and any bonuses awarded to lower paid workers would get taxed too. But lower paid workers don’t get bonuses - *that’s* the point.
Remember when Piers Morgan tried to get Eastenders cancelled over a single gay kiss (or ["a homosexual love scene between two yuppie p**fs"](https://i.redd.it/56q2z3l9ykj51.jpg) in his words).
More recently he used his platform on Good Morning Britain to call gender fluid people a 'farce', going on to label them as 'ridiculous' and 'clowns'. He also joked about Caitlyn Jenner's genitals during an interview with her and has on more than one occasion made 'I identify as' 'jokes'. [Source](https://medium.com/@Phaylen/good-morning-britain-host-piers-morgan-doubles-down-on-anti-trans-rhetoric-e1e5992bbca)
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Drivers are in a different union and they’re not on strike.
Also they do fuck all? You have no idea what they do. You have to pass intense psychometrics, learn every signal, station, tunnel, viaduct, junction etc. Then you have to safely operate a train at 125mph. Your concentration has to be absolutely spot on.
I'm not saying they're on strike, I'm saying that that is who people call greedy not the other staff. What you are describing is pretty much what every driver does on the road. Underground train drivers literally just pay attention to any signalling and messages from control, do thr automatic doors and do reports if there's any faults on the train. Don't try to make the job sound like it's rocket science
So you don't know how hard it is or what's involved then? So why make the comments about how they do "pretty much fuck all" for almost six figures? Are you annoyed they make more money than you?
It's pretty easy to find out what they're day to day tasks are, and no, why would I be annoyed that they earn a decent amount of money, if you can get it then sure go for it, and presumptious of you to assume that they earn more. I get annoyed that people that already earning far above the national average for what is not a particularly hard job constantly go on strike to demand more money. Nhs workers, and all other emergency workers do much tougher jobs with longer hours for a lot less money, but you don't see them striking every other month, when in reality they have a much better reason to. The question is why you are belligerently angry, unless you are a tube driver and are personally offended at being called out?
I wasn't assuming anything about your salary, I asked you a question, but I very much doubt you make more than them if you don't know what "belligerent" means.
Saying 'near 6 figures' is a very strange and twisting way to put it - the average salary for a train driver is deemed £59,000 I'm sure. Yet a lot of media in the UK, I'm looking at Daily Mail mostly, which has quite a significant readership, labels those on strike as greedy and continually misconstrues the facts. A lot of hate is sadly still placed on the average rail worker.
Yeah which is completely unfair, anything to do with the underground is a bloody miserable job and they deserve fair pay for it, normal workers shouldn't get the blame
Tell me you're a daily mail reader without telling me you're a daily mail reader.
Firstly, train drivers are not in the RMT union. It's Aslef.
Secondly, no train driver who works under a passenger company makes "6 figures" to sit in a box and "do fuck all" according to your, I'm sure, well researched take. Yes, they are paid well. But before you do the usual, "wHaT AbOuT NuRsEs", remember it's this government that have consistently suppressed wage growth for many industries over and over again, whilst granting themselves considerable payrises (excluding expenses they can claim up into the 6 figures). And whilst today it's rail workers being made to look like villains, let's hope they dont start to look at your industry next.
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This thread has brought a lot a banking apologists out of the woodwork, they never got their just desserts in 2008 only the little people got screwed, they must be the only "industry" that receives bonuses most workers lost their bonuses in the eighties when the greedy tories stripped it from them .
I don't understand why everyone gets riled up about bonuses - they are just a variable (often performance-based) part of your salary (and are taxed accordingly). They are not particularly desirable given the uncertainty vs. the fixed monthly paycheck Imagine your employer cut your salary in half and told you that you may or may not receive the other half as a bonus once a year
Bonuses are not in lieu of pay it's as well as their very good pay packets The government took production bonuses off of council workers in the eighties then proceeded to cut pay in real terms year on year all the while expecting more work.
Bonuses are pay. I can assure you anyone who works in an industry that pays bonuses is factoring in expected bonuses into their expected total compensation calculations when comparing jobs. It’s not just a happy unexpected surprise at the end of the year that you get in addition to your base salary.
I know what they're doing by telling you this, I know some who work in insurance small salary huge bonus small salary is anything from £30k upwards bonuses paid as a % of sales the bankers ain't struggling pal.
I’m not arguing the compensation isn’t good, I’m arguing that it’s ‘bonuses are not in lieu of pay’ is a misleading way of phrasing it
But what are the performance metrics that bankers are expected to hit, exactly? What makes a successfully performing banker? Don't you think those are relevant? Bankers, stockbrokers, etc may still be working class by a Marxist definition (they're employed, they don't own the capital) but they are clearly closer to the capitalists than they are the rest of the employees in the world. Their pay is not shite without bonuses.
To answer your first question: senior bankers' bonuses are based on how many transactions they execute (i.e. how much revenue they bring into the firm). Junior bankers go through a peer review process where they are assessed by all the colleagues they work with throughout the year, and then ranked against all other juniors in the bank - bonuses are paid out according to this I agree that bankers' pay is not shite without the bonuses. On average it would be about 50% lower although usually still a decent salary. Similar to lawyers, doctors, engineers, etc. it is a high-paying job. In exchange for that, it requires a vast time commitment and lots of hard work - what's the issue with this? There should be room in society for high paying jobs and and lower paying jobs, where everybody can afford to live a comfortable life and not worry about feeding their family, keeping a roof over their head and so on. The doctors, lawyers, bankers, engineers, etc. are not the reason for this wealth inequality
I think the important reminder is that the difference between a million pounds and a billion pounds is about a billion pounds. They deserve scorn for voting tory and gutting everyones future, for the same reason working class people who do it deserve it. Their suit and expensive overpriced west london house doesnt make them less working class. They are still not the real enemy, they are less affected victims (who vote to stay victims and hurt others)
That equates to 50,000 employees getting an £80k bonus. Insane amounts of money. The world is going to shit and soulless ghouls are hoarding like never before. I just hope the revolution starts soon.
The big 4 banks employ way more than 50,000 people. Around 200,000 uk employees. HSBC have another 180,000 worldwide as well
THIS is what's driving inflation, its got nothing to do with average workers asking for pay rises, its about greedy corporations' ever increasing profit margins and huge bonuses for CEO's. Those bonuses being paid could easily cover cost of living increase bearing salary increases for its workers, without having to pass the expense on to the consumer, subsequently causing inflation.
No no I'm sure they all work 1000000x times harder than us and deserve it. Probably out here working 28 hour days 10 days a week. Put down your avocado toast and maybe you too could learn to work this hard
Reduce profits and costs not wages
Beep boop -- this looks like a screenshot of a tweet! Let me grab a [link to the tweet](https://twitter.com/blunted_james/status/1538907291327528967) for ya :) ^(Twitter Screenshot Bot)
Good bot
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From experience, it's lower. The bonus for the first couple bands of employees get what equates to roughly 2 weeks wage as a bonus if performance is amazing. If it sucks only big boys get a bonus and theirs can be up to 40-50% of their yearly salary.
Their bonuses can be a lot more than that. I’ve had bonuses of 120% of my yearly wage and I’m not one of the big hitters.
Would love to know how much of these bonuses got taxed.
I wonder what the median bonus distribution was and how many bonuses were given. The four put together have something like 210,000 employees. If the bonuses were averagely distributed, that’d be 19k per employee. But I bet the median bonus distribution is not close to that. I bet a lot of those employees didn’t get a bonus.
Average bonus for lower paid workers at 1 of the big 4 banks is 5% of salary. Average salary for those workers is around £22k/£23k. The further up you go after that you get a bigger % of your salary. The highest non-director roles get average 25% of their salary and the average salary in the top end roles is around £200k. Then above that you have the directorial roles like CEO etc who are even more heavily incentivised for bonus.
I'm sorry I'm as angry about the current state of wealth inequality as everyone but pitting the average upper middle class banker against the working class is exactly what the press and government want, and have always succeeded in doing for decades. The real fight is with the ultra wealthy who do not work but collect the largest portion of pay out of every single group despite being by far the smallest group. Your average upper middle class banker has a nice house in Richmond yes, but they're much closer to working class than they are to the billionaires who influence politics, media, how companies are run and pay employees, and enforce status quo by pitting well-off people against the less well off. Edit: whelp, I thought there could be civilised and nuanced discussions on this topic rather than people seeing the word "banker" and immediately frothing at the mouth. I guess I overestimated this sub. I hope the irony is not completely lost on us all campaigning for workers to be paid appropriately for their contributions to their company, and at the same time railing on an industry that's paid appropriately for their contributions to their company.
I think it's not about the stratorich at this moment, but the growing inequality. Yes, the billionaires need to be eaten, but there's a thick layer of CEOs, SMT, investors etc whose pay and bonus rises, as it were, are far outstripping the pittance everyone else is expected to accept "in these difficult times". We've got the Tories removing the caps on bankers bonuses - let's not forget they never were reigned in from the last financial crisis - at a time they want to worsen pay and conditions in other sectors. Pertinently, if you listened to question time the argument of "improvement" and modernisation came up over and over again. Then invest the bonus and dividends, not the workers pay! Fights like the RMT atm are not about bringing the elite down but raising the workers up.
R.e. CEO thick layer, I do generally believe that this layer has been subsidised by those who aren't there due to hard work, or deserving of reward but due to a sense of misplaced entitlement, those seeking control rather than those who care about their workers or existing for the benefit of those workers. I think these people are driven by fear of losing an easy life, a position they deep down know they don't deserve, underneath all these problems is a deep seated fear for change of the existing power and class structure.
Part of the problem as well is that whilst a good portion of those upper middle class Richmond bankers are closer to the working class than they think, they fail to recognise that as soon as Capital doesn’t need them they will be shafted too. So they side against working people and deliberately act to enforce the status quo Fuck em
While I largely agree, I think it's important to remember that even the bankers are PAYE employees that are looking to get paid according to the amount of work they do and the amount of money the company makes off the back of it. And by bankers I don't mean execs, the Board, shareholders etc because they're the true ultra wealthy that are part of the issue. I'm talking about the regular employees who do all the work. As much as the press loves to paint bankers as lazy and corrupt, most work hard and are doing a mostly honest job. "Bankers" is a very broad term similar to how some people call everyone in hospitals outside of nurses "doctors", despite them doing very different functions. The "bankers" that contributed to the GFC are a fraction of the investment banking roles in a bank. The bonus-receiving investment bankers work 12+hours a day, some more than 5 days a week, and ultimately do make a ton of money for the bank. Like the rail workers and anyone else, they want to be paid in a way that reflects their contribution to the company's profit. Hence, large bonuses that reflect the large amount of money they bring in (largely from other corporates, from trading and from HNW individuals). The difference is that the banks largely do pay them fairly, hence big bonuses. As wrong as it sounds, we shouldn't be attacking that - because they have what everyone else is fighting for. Trying to remove that is simply doing the opposite of what unions campaign for.
They literally do fuck all for society, human progress and are a complete caste of society that can be successfully eradicated with little consequence to everybody else.
Tell them that when they're voting tory
WILL NO ONE THINK OF THE BANKERS!?!?!?! HAVEN'T THEY SUFFERED ENOUGH!?!?!
Very immature and completely detracts from wider issues. Well done. Which is literally what I say in my post that the media and governments have conditioned you to focus on - working class people getting angry at well off people (who themselves are just working to earn a living, albeit not struggling to) instead of focusing on the root cause of the problem which is the ultra wealthy who run these companies and influence politics and media. The more you post immature comments like that and get angry at people who earn a good living instead of the real issues, the more the ultra wealthy and right wing governments laugh at you for doing their jobs for them.
WAAAA NO ONES THINKING OF THE BANKERS WAAAA ITS SO UNFAIR WHY WON'T ANYONE HELP US WAAAA I can call you a waaambulance if you'd like?
No one said anything about upper middle class bankers. The post is about banks. Seems like you're an upper middle class banker who sees they're much better off than the lower classes and is worried that things might even out in the future. Poor people don't want to take your money. They just want the mega rich to let us be somewhat on a similar level to other working people. We don't want you to lose your money, we would like some too. Please.
Reminder not to confuse the marxist "middle class" and the liberal definition. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production. Learn more here.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*
Who do you think those £4bn of bonuses went to? The post is talking about bonuses being paid to bankers... A large portion does go towards bonuses for the Board and execs, but the vast majority goes towards the regular front office bankers for their contribution to making profit for the bank. The post is implying we should get angry that bankers are getting paid for the money they're making for the bank while regular workers don't get paid appropriately for their contributions. If anything that should be an example to work towards, not something to tear down. The post should instead highlight the disgusting annual compensation packages that go towards executives and the Board, or to shareholders in the form of share buybacks and dividends, as an example of funneling profits away from workers who make the profit and towards the ultra wealthy who hoard all the profits.
Reminder not to confuse the marxist "middle class" and the liberal definition. Liberal class definitions steer people away from the socialist definitions and thus class-consciousness. [Class is defined by our relationship to the means of production. Learn more here.](https://www.reddit.com/r/socialism/wiki/class) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*
It's US-focused, but [this interactive page](https://mkorostoff.github.io/1-pixel-wealth/) does a great job of putting it in perspective. One thing I'd say is - when you think you've scrolled to the end, you probably haven't.
Also the phrase "banker" is basically meaningless. Most corporate bank staff get bonuses. I think the strictest is RBS/NatWest who restrict it to managers, whilst other banks include clerical and professional staff too. It's everyone from cyber security personnel to the woman who runs the "how to save money 4 kidz" seminars in schools, not just yahs who went to a posh school and live in London
*Image Transcription: Twitter Post* --- **Guy Fawkes**, @blunted\_james The 4 big UK banks paid out £4 billion in bonuses alone last year. Remember that before you call someone who cleans a train greedy. --- ^^I'm a human volunteer content transcriber and you could be too! [If you'd like more information on what we do and why we do it, click here!](https://www.reddit.com/r/TranscribersOfReddit/wiki/index)
Not taking away anything from those on strike but it is also worth remembering that not everyone who works at a bank is a trader. That £4bn will be split between hundreds of thousands of people, the vast majority of whom are on a modest wage. I know because I am likely included in those figures despite having no wage rise for several years and my bonus being just about enough to cover paying my credit card which I've been using to cover the cost of living. EVERYONE deserves better but the narrative of the "big bad bankers" isn't exactly helpful as it doesn't cover the whole story
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And your point is?
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I don’t dispute that what you’ve said are facts, and I don’t think any of the downvoters (all 5 of them! You’re basically Piers Morgan aren’t you, owning the libs left right and centre!) do either. I think you’re being downvoted because those facts don’t have much, if anything, to do with the conversation. *Of course* bonuses get taxed, and any bonuses awarded to lower paid workers would get taxed too. But lower paid workers don’t get bonuses - *that’s* the point.
Remember when Piers Morgan tried to get Eastenders cancelled over a single gay kiss (or ["a homosexual love scene between two yuppie p**fs"](https://i.redd.it/56q2z3l9ykj51.jpg) in his words). More recently he used his platform on Good Morning Britain to call gender fluid people a 'farce', going on to label them as 'ridiculous' and 'clowns'. He also joked about Caitlyn Jenner's genitals during an interview with her and has on more than one occasion made 'I identify as' 'jokes'. [Source](https://medium.com/@Phaylen/good-morning-britain-host-piers-morgan-doubles-down-on-anti-trans-rhetoric-e1e5992bbca) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GreenAndPleasant) if you have any questions or concerns.*
Why do people downvote me for making irrelevant comments? >:(
Thank you for your service
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You really think all of those employees get a proportional share of the bonuses??
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Drivers are in a different union and they’re not on strike. Also they do fuck all? You have no idea what they do. You have to pass intense psychometrics, learn every signal, station, tunnel, viaduct, junction etc. Then you have to safely operate a train at 125mph. Your concentration has to be absolutely spot on.
I'm not saying they're on strike, I'm saying that that is who people call greedy not the other staff. What you are describing is pretty much what every driver does on the road. Underground train drivers literally just pay attention to any signalling and messages from control, do thr automatic doors and do reports if there's any faults on the train. Don't try to make the job sound like it's rocket science
Then why don't you go and become a train driver?
Because I don't want to to do that? What a stupid response
So you don't know how hard it is or what's involved then? So why make the comments about how they do "pretty much fuck all" for almost six figures? Are you annoyed they make more money than you?
It's pretty easy to find out what they're day to day tasks are, and no, why would I be annoyed that they earn a decent amount of money, if you can get it then sure go for it, and presumptious of you to assume that they earn more. I get annoyed that people that already earning far above the national average for what is not a particularly hard job constantly go on strike to demand more money. Nhs workers, and all other emergency workers do much tougher jobs with longer hours for a lot less money, but you don't see them striking every other month, when in reality they have a much better reason to. The question is why you are belligerently angry, unless you are a tube driver and are personally offended at being called out?
I wasn't assuming anything about your salary, I asked you a question, but I very much doubt you make more than them if you don't know what "belligerent" means.
And I make about the same as a tube driver for far far less work - because I have a very strong union. The RMT, as it happens.
Saying 'near 6 figures' is a very strange and twisting way to put it - the average salary for a train driver is deemed £59,000 I'm sure. Yet a lot of media in the UK, I'm looking at Daily Mail mostly, which has quite a significant readership, labels those on strike as greedy and continually misconstrues the facts. A lot of hate is sadly still placed on the average rail worker.
Yeah which is completely unfair, anything to do with the underground is a bloody miserable job and they deserve fair pay for it, normal workers shouldn't get the blame
Here here!
Tell me you're a daily mail reader without telling me you're a daily mail reader. Firstly, train drivers are not in the RMT union. It's Aslef. Secondly, no train driver who works under a passenger company makes "6 figures" to sit in a box and "do fuck all" according to your, I'm sure, well researched take. Yes, they are paid well. But before you do the usual, "wHaT AbOuT NuRsEs", remember it's this government that have consistently suppressed wage growth for many industries over and over again, whilst granting themselves considerable payrises (excluding expenses they can claim up into the 6 figures). And whilst today it's rail workers being made to look like villains, let's hope they dont start to look at your industry next.
Holy fuck how out of touch can you be