CITY VIEWS: SHOULD BANKS TONE DOWN THEIR BONUSES WHILE THE GOVERNMENT IS CUTTING PUBLIC SECTOR PAY?

 
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CARL PEREIRA | CS TRAVEL

“They shouldn’t be entitled to a bonus at all. The rest of us are happy with just getting wages, never mind a bonus for simply doing our job. I don’t think bigger bonuses are a sign of an improving economy that we should celebrate – it’s a sign a banker’s gamble has paid off.”

JANE CASSIDY | CHARTERED ACCOUNTANT

“I think banks bring a lot to this country, not least the 50 per cent tax on their bonuses. They are not all to blame for the downturn, and banks are the backbone of the country’s economy. It’s also unfair to come down on the individuals.”

JEREMY SCOTT | JMS FINANCIAL

“Yes, I think they should reduce their bonuses. It seems like the right thing to do, particularly when the banks themselves are still in trouble. It would be a wise move too, given public opinion on flashing lots of cash at the moment. I would think twice about taking a bonus.”