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21-01-2009, 4:31 PM
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#1 (permalink)
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Join Date: Apr 2008 Location: Astro City
Posts: 1,303
Thanks: Gave 965, Got 982 | Northern Rock Bonuses! Northern Rock Employees To Get 10% Pay Boost | Business | Sky News Quote: |
Northern Rock employees are to get a 10% pay bonus on Friday after they met targets on repaying a £25bn Government loan.
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21-01-2009, 4:37 PM
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#2 (permalink)
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Join Date: Jan 2007 Location: Skynet Border
Posts: 1,413
Thanks: Gave 342, Got 178 | Re: Northern Rock Bonuses!
Well done to them, wish I could take a loan out for that much and pay it so quickly
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21-01-2009, 4:41 PM
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#3 (permalink)
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Join Date: Dec 2006
Posts: 1,923
Thanks: Gave 665, Got 572 | Re: Northern Rock Bonuses!
nice to see out tax going to good use
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21-01-2009, 4:45 PM
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#4 (permalink)
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Join Date: Dec 2005 Location: On a boat
Posts: 770
Thanks: Gave 78, Got 166 | Re: Northern Rock Bonuses!
Now that's what I call rewarding failure.
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21-01-2009, 4:50 PM
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#5 (permalink)
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Join Date: Feb 2006 Location: Leeds
Posts: 2,670
Thanks: Gave 371, Got 271 | Re: Northern Rock Bonuses!
Well now that they've repaid the loan are they still nationalised or are they now a plc/private company again?
Also, now that they have repaid the loan surely they can now begin offering more deals than just a single above average SVR for existing customers.
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21-01-2009, 4:54 PM
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#6 (permalink)
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Join Date: Aug 2008
Posts: 271
Thanks: Gave 15, Got 17 | Re: Northern Rock Bonuses!
Very well done indeed.
It is the only organisation I know which has managed a forced ownership and at the same time force the new owners to pay them bonuses.
I need some of those business ideas.
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21-01-2009, 4:54 PM
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#7 (permalink)
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Join Date: Apr 2008 Location: Astro City
Posts: 1,303
Thanks: Gave 965, Got 982 | Re: Northern Rock Bonuses! Quote:
Originally Posted by Chrisoldinho Well now that they've repaid the loan are they still nationalised or are they now a plc/private company again?
Also, now that they have repaid the loan surely they can now begin offering more deals than just a single above average SVR for existing customers. | You mean pass benefits onto the public?!?!?!
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21-01-2009, 4:59 PM
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#8 (permalink)
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Join Date: Feb 2006 Location: Leeds
Posts: 2,670
Thanks: Gave 371, Got 271 | Re: Northern Rock Bonuses! Quote:
Originally Posted by Iccz You mean pass benefits onto the public?!?!?!  | I take this as a big fat no then |
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21-01-2009, 5:00 PM
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#9 (permalink)
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Join Date: Sep 2008
Posts: 335
Thanks: Gave 109, Got 38 | Re: Northern Rock Bonuses!
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21-01-2009, 5:07 PM
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#10 (permalink)
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Join Date: May 2007
Posts: 962
Thanks: Gave 54, Got 100 | Re: Northern Rock Bonuses!
Does this mean I will get a bonus when I have repaid my mortgage?
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21-01-2009, 5:09 PM
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#11 (permalink)
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Join Date: Dec 2006
Posts: 1,923
Thanks: Gave 665, Got 572 | Re: Northern Rock Bonuses! Quote:
Originally Posted by tony brazao | sums it up perfectly
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60 Kuro ISF Callied and lots of other stuff IKEA DIODER back lighting (this is a must have mod imo  ) BE Vrooooooom Tweet me @Eric_Pisch |
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21-01-2009, 5:13 PM
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#12 (permalink)
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Join Date: Nov 2008
Posts: 8
Thanks: Gave 0, Got 2 | Re: Northern Rock Bonuses!
Also they have not paid off the full loan, only 25%......
Another bonus at 50% ?. Why not, it is only taxpayers money |
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21-01-2009, 5:20 PM
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#13 (permalink)
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Join Date: Apr 2008 Location: Astro City
Posts: 1,303
Thanks: Gave 965, Got 982 | Re: Northern Rock Bonuses!
I'd like to get a loan where I get a bonus for meeting my repayments, I wonder where I can find one of these.
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21-01-2009, 5:22 PM
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#14 (permalink)
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Join Date: Aug 2000
Posts: 517
Thanks: Gave 31, Got 21 | Re: Northern Rock Bonuses!
This is obscene! 
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21-01-2009, 5:27 PM
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#15 (permalink)
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Join Date: May 2004 Location: Beverley, East Yorkshire
Posts: 2,124
Thanks: Gave 159, Got 194 | Re: Northern Rock Bonuses!
If the Northern Rock staff have managed to turn things around so quickly, I'd say they actually deserve the bonus.
Most people expect a payrise for continuing to do their job just (as badly) as they always have done... at least the (remaining) staff at Northern Rock have earned theirs!
This to me is a success story, everything with regards to the Northern Rock bailout is going according to plan.
Result. |
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