Re: Northern Rock uses taxpayers money to reward staff

Ar wrote:
http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=499465

"
Staff at Northern Rock have been handed bumper pay rises and a £200

Christmas bonus, even though the bank owes the taxpayer almost
£30billion.


I am not sure if £200 could be considered 'bumper', it is quite common to
give staff a bonus, in many organisations the Bonus is part of the salary
calculation, and is reflected to the performance of the company, in the US
the Christmas Bonus is often between 5 and 10% of your salary, again
depending on how your company is doing.

Of course, in the case of Northern Rock, the majority of the employees are
likely to be unemployed by feb.

Gaz


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