I haven’t kept money in the bank for several years now, and never will again. Use the post office or your local credit union.

Noddy, the credit union and post office keep your money in banks. They are some of the bondholders you hear vilified.

I understand that P, but the only crumb of comfort I can get when thinking of these greedy c*nts, is knowing I don’t have to deal directly with them.

You might have missed it but they didn’t pass on the ECB rate increase in the first place. I don’t remember people thanking them for saving them a few shillings back then.

Thumb Downers keep their money under the mattress and don’t have borrowings? I doubt it!!

This is laughable. Maybe stay in line with the rest of the private sector and increase wages when your business is making a profit?

The incentive for staff to do a good job day to day is that they keep their job and get paid a monthly wage. The pay increases happen when business picks up and the business starts turning a profit.

I work in a company that employs about 70 staff – if we were to say to our CEO we’re not motivated to work because we haven’t had a wage increase in 2 years he’d laugh his head off. Our incentive to work hard is that we keep the company afloat, keep our jobs and our current wage and if things turn around start seeing wage increases then. I guess the difference between our company and AIB is that is we’ll never be bailed out of a hole like banks were though.

exactly, we need the best people working in the banking sector now more than ever

Should the best incentive not be that they have a job ! And are fortunate that they have not lost their job due to reckless greed of the banks .

It’s exactly those incentives that contributed to the mess many people find themselves in. Bank staff incentivised to encourage loans, credit cards, etc. Those bankers do not deserve any more of our cash and our cowardly government should have stopped this as there are plenty of people on the dole who’d happily do their job if being employed isn’t incentive enough.

It’s obvious they werent “doing their best” a few years ago and got us into this mess!! All while receiving pay increases & bonuses… Will they try harder this time yea?? Cop on would ya!

How do u think the staff in the public sector feel then? Never mind the possibility of gettin a pay rise, they are more likely to get more cuts. Talk about “incentive” to work hard?!

Mark, what other people in society that are working for a business that is making a LOSS annually in a failing (or failed?) economy get a wage increase? Ordinary bank workers should be happy they have a job they can go to every day. If it wasn’t for government money you’d be drawing the dole or hopefully working somewhere else.

You have the same opportunity as others in society – you can go and do your job every day or you can try and find another job that offers better pay. AIB is a business, as a business it is failing to generate profit and there should be a pay freeze until that changes.

By the way, I’d hazzard a guess that a 18% net salary drop since 2008 is still a very comfortable salary.

well said, bank clerks are in the same boat as everyone else

Ok, so the business I worked in until last year put in place a pay freeze for the 3 years I was there. They also implemented a 5% decrease in salary. Yet the company made a profit, it was only 2% but it was a profit.

So your crowd make a loss, and the word loss isn’t even appropriate to describe the amount of money lost. You get bailed out to secure your employment and yet your on here moaning….

Another person living in the clouds with zero grasp on reality.

If you are pis*ed off with your 18% decrease then go and find another job, but you will find that outside of the bubble there aren’t many.

Regards, from the “Real world”

what money?

it was just resting in my account

Is that you Mr Gallagher????

Just what I was thinking!

Great how the bailout now pays for the bank staff to surf the net now! No wonder there were 18% decreases! :)

Maybe if they spent more time concentrating on the loans/debts/figures than on the net we wouldn’t be in the total f**K up we find ourselves in eh?

What do you expect us to say, you and your peers were given responsibility to run the bank, to ensure its viability and to be paid to do so.

So in summary tell us what has happened over the last 3 years…. extra responsibility, your having a laugh, you didn’t carry out the workload you were paid to do in the first place, you blew up the bank and the country in doing so and now you want us to pay you more to fix the mess???

@Fiona, sorry you’re being naive, we still need banks. How do you think most of the lucky people that still have jobs get paid? Should we go back to the days of getting brown enevlopes with cash once a week?

Works for Fianna Fail!

I’m not being naive at all. Fine, if you want to receive your wages into a bank account do so, but take them out every Friday. The banks are making huge profits for the convenience of handling your money and paying your bills for you. Every transaction on your account is costing you money. The bank is also charging you to have your wages put into your account. The few transactions I have going through my account are costing me roughly €30 per quarter. Thats on average €100 per year for having the convenience of the bank paying my bills for me. Now if 1 million account holders stopped using the banks for this convenience thats a nice little dent in their profits! It may not bring the downfall of the banks but it’s a start! I am doing it thats for sure.

Your original comment said ‘It is possible to live without the use of banks.’. That is the bit that was naive. I don’t want or choose to get paid into a bank account – it’s the way that most meduim to large business work. Do you expect them to offer their staff the facilty to get paid in cash every month?

I don’t know what bank you’re with bit I have never paid a transaction fee in the 18 years I’ve been with NIB. Not an ATM fee, a cheque fee, nothing.

That bank must be a charity so. As far as I am aware banks charge transaction fees to make money. Let’s all move to NIB!!!

You can choose to believe me or not, I’m simply telling you a fact. There may be a fee for getting a new cheque book but I don’t use it much so I don’t know. There is obviously a charge on a credit card but I don’t have one.

You have not given me me your genius way of people getting paid without using banks.

@Fiona
If you are to be naive at all it is in relation to the possibility that if the banks were on the point of going bust again they would be back with Noonan ( this time) looking for more of our money to keep them afloat. Too big to be let fail I’m afraid, and it is us that will pick up the tab all over again.
They have us by the goolies, and they know it and will pay themselves what they like. They are the ‘untouchables’ even the politicians can be kicked out but we’re stuck with this lot

I did say fine, if your employer does not want to pay you in cash get it put into your bank. But take it out immediately. And stop letting them make profit for your transactions. While you may be a person who gets free banking, fair play to you if you are, I know the vast majority of us pay for banking. At least I am trying make a suggestion to people, it is something that I am going to do myself. Every little thing makes a difference. I’m not just sitting idly by and saying oh we need banks so that’s that then.

Because if they are on minimum wage they have no incentive to work at all and they could just quit and move to another bank that is not state owned and that pays anything Above minimum wage, and sure the unions would never stand for that. I think it a good thing that they are hiring people, its good for the economy. And how do you know that the staff who are going to recieve a pay rise were anything to do with the reckless atitude of the banks in the boom years?

Well I believe anything that is bailed out by the tax payer those people should not recieve cushy promotions or bonuses or anything when the majority of taxpyers are struggling to make any kind of a living and the likes if myself now have to leave the country and my family to get work. They should be god damn thankful they have a job at all

@David Normal business! Well aren’t they the lucky kittens! When everyone else is being stuffed into a sack and tossed into the Liffey at low tide.

Most AIB workers haven’t gotten a bonus since the crisis began. Their salaries are low but are usually filled by a performance bonus. Without this many have taken a big hit in their pay packets, not to mention a new levy to fill their pension deficit. Existing workers are getting nothing even though many are seeing increased workloads with the troubles in the bank.

So your impression that everything is dandy in AIB is completely false. They’re experiencing the pain just like the rest of us.

@David – “Promotions are also a matter of normal business and again I see no problem”

Ok, take the words normal business there David. I run a normal business, yet the tax payers haven’t come to bail me out as I am making a loss. I have a normal business which is making a loss, so would you believe I won’t be getting a pay rise.
I am working well over standard hours, yet I don’t get a pay rise.
I can’t hire people because I am making a loss, and laughably the bank won’t give me money.

So the banks are not normal, they are so far from normal they aren’t even on this planet.

By normal business (which I concede was a bad choice of words) I mean that when someone gets a promotion they take the salary that was given to the previous holder of that position.

‘Normal buisness’. Bad choice of words allright. I’ve a problem with another one too – ‘promotion’ – when those in normal (must watch that word!) unsubsidised open market employment are being ‘promoted’ onto the dole Q.

the bank clerk is the new traffic warden. reminds me of the peadiatrician who had his house burned down by idiots who thought he was a peadaphile

Cormac, I readily take your point about the abuse and conditions front-line bank staff experience, particularlly when it should be directed at the corrupt cretins in senior management they have to answer to. I think, in fact I’d rather be on the dole than even be in the same building as them. So you know where I stand!
It is important that a clear distinction be drawn between the ordinary worker and self important swaggering.. I’m on a public forum here so I should stop!

Cormac – no one deserves to be abused like them people on the frontline and I agree with you on that point.

If their workload has increased this is the norm across all job both private and public sector, so they can’t be pushing that as a reason.
As having jobs, there are 100′s of jobs going every day in Ireland, people having to emigrate and who’s homes have been taken off them. 10′s of 1000′s of jobs have been lost in the last 3 years, did the government bail them people out, did they bail out Waterford Crystal etc???

At the end of the day its our money/tax payers who are keeping them in their jobs and now paying their bonus, we have every right to give our opinion.