EBS building soc workers want annual Xmas bonus

AnonoBoy · 08-12-2011 03:03PM

DoesNotCompute wrote: »

FAIL

Sharrow wrote: »

EBs the building soc not the ESB.

Welcome to the world of not getting the joke boys.

stovelid · 08-12-2011 03:08PM

Fbjm wrote: »

So you're suggesting the cuts were avoidable?

I assume the cuts were unavoidable.

Maybe acting like a cunt was though.

rich1874 · 08-12-2011 03:11PM

Freddie59 wrote: »

Very far from black and white actually. Their contract was with a previous entity, which was bankrupt and no longer viable.

Granted, so at what point did their previous contract become void? And if so did they sign a new one? Because if they didn't i would fight tooth and nail to hold onto the terms in my existing contract, the one that was agreed. It matters not one bean how much they make or whether you think they make too much.

Snakeblood · 08-12-2011 03:13PM

rich1874 wrote: »

Granted, so at what point did their previous contract become void? And if so did they sign a new one? Because if they didn't i would fight tooth and nail to hold onto the terms in my existing contract, the one that was agreed. It matters not one bean how much they make or whether you think they make too much.

The contract is still valid, the issue is whether what is under discussion is something EBS is obligated to give under the terms of the contract, or has the option of withholding. Apparently for management, it's obligatory, and for the lower levels, it's not obligatory, just customary.

hightower1 · 08-12-2011 03:13PM

Deank wrote: »

Right so Star, lets say you do enter a scheme with your employer to put aside €200 a month over 12 months from you salary and for the savings to paid in one lump sum in Dec, and then your employer turns around in Dec and says sorry your not getting it, do you not consider that robbery, your employer has just taken €2,400 of your hard earned cash!!!

So wait a min!

Lots of people put money into a place to mind their cash for them and now **** hit the fan and they've lost out????!!!!! Thats terrible alright.....

Mmmmmmmm the delicious irony of bank workers loosing THEIR savings for a change!

Snakeblood · 08-12-2011 03:15PM

hightower1 wrote: »

So wait a min!

Lots of people put money into a place to mind their cash for them and now **** hit the fan and they've lost out????!!!!! Thats terrible alright.....

Mmmmmmmm the delicious irony of bank workers loosing THEIR savings for a change!

What are you talking about? Who lost their savings?

tightropetom · 08-12-2011 03:24PM

starbelgrade wrote: »

You should present Q.I.

Not only do you seem to know stuff, but also seem to possess an air of smug superiority which would suit you perfectly in the role.

FYP - I was just trying to make a clear point. :mad:

mossyc123 · 08-12-2011 03:27PM

Not legally entitled to it but should have been informed in July when the AIB takeover occured.

They don't seem to have a leg to stand on but nevertheless it's a sly move from Management at EBS that could well backfire on them with a strike.

Should they get the money? No

Should they strike? They might as well... could prevent these misunderstandings from occuring in the future

hidinginthebush · 08-12-2011 03:32PM

I heard on the radio that the staff were told two weeks ago they were getting the bonus / payment, then were only told yesterday, the day before they were due to get it, that they weren't, and that is why EBS are a shower of cunts :mad:

Regardless of the legalities of their entitlement to the payment, to be told at the end of November you'll have a nice wedge 2 and a half weeks before Christmas, then to have it cruelly snatched away from you, is fucking heartless. Shame on them.

Snakeblood · 08-12-2011 03:39PM

hidinginthebush wrote: »

I heard on the radio that the staff were told two weeks ago they were getting the bonus / payment, then were only told yesterday, the day before they were due to get it, that they weren't, and that is why EBS are a shower of cunts :mad:

Regardless of the legalities of their entitlement to the payment, to be told at the end of November you'll have a nice wedge 2 and a half weeks before Christmas, then to have it cruelly snatched away from you, is fucking heartless. Shame on them.

It's possible that they assumed they would be able to give the christmas bonus. The managers in EBS don't control the purse strings, AIB and the govt. do.

gigino · 08-12-2011 03:41PM

hidinginthebush wrote: »

I heard on the radio that the staff were told two weeks ago they were getting the bonus / payment, then were only told yesterday, the day before they were due to get it, that they weren't, and that is why EBS are a shower of cunts :mad:

They, Seanie Fitzpatrick and the others who inflated the bubble and destroyed the economy are a "shower of cunts" ( to borrow your phrase) for reasons other than not giving themselves a months Xmas 2011 bonus - especially when the taxpayer still pays employees of EBS up to 380,000 a year.

Do their victims get paid 380,000 a year with a months bonus at xmas because they done such a pathetically poor job ?

hidinginthebush · 08-12-2011 04:00PM

gigino wrote: »

They, Seanie Fitzpatrick and the others who inflated the bubble and destroyed the economy are a "shower of cunts" ( to borrow your phrase) for reasons other than not giving themselves a months Xmas 2011 bonus - especially when the taxpayer still pays employees of EBS up to 380,000 a year.

Do their victims get paid 380,000 a year with a months bonus at xmas because they done such a pathetically poor job ?

Yes, the Seanie Fitzpatricks of the world are indeed "a shower of cunts" (to take my phrase back). However, the desk clerks who are probably struggling as much as every poor punter who comes in, and who had very little to do with the inflation of the property bubble, were the ones duped into thinking they would be getting this payment then had it taken away.

I'm not debating or arguing about the morality of paying bonuses to the sector (has it been established yet if it was indeed a bonus, or a 13th payment / savings scheme type of deal?), I'm angered by the fact that the non-management, lower level staff were told they were going to get it, then were told the day before they were going to that they wouldn't. A heartless thing to do so close to Christmas.

They should have just been up front and told them they wouldn't be getting it, and checked out if they even could pay them, given the recent changes of the ownership of the building society. Another tribute to the lack of foresight and planning ahead by the upper management in an Irish financial institution.

MagicSean · 08-12-2011 04:08PM

hidinginthebush wrote: »

Yes, the Seanie Fitzpatricks of the world are indeed "a shower of cunts" (to take my phrase back). However, the desk clerks who are probably struggling as much as every poor punter who comes in, and who had very little to do with the inflation of the property bubble, were the ones duped into thinking they would be getting this payment then had it taken away.

I'm not debating or arguing about the morality of paying bonuses to the sector (has it been established yet if it was indeed a bonus, or a 13th payment / savings scheme type of deal?), I'm angered by the fact that the non-management, lower level staff were told they were going to get it, then were told the day before they were going to that they wouldn't. A heartless thing to do so close to Christmas.

They should have just been up front and told them they wouldn't be getting it, and checked out if they even could pay them, given the recent changes of the ownership of the building society. Another tribute to the lack of foresight and planning ahead by the upper management in an Irish financial institution.

You're wasting your time. Gigino can't understand the difference between ranks or jobs. As far is he is concerned, if you work in EBS then you earn the same salary as the person at the top. If you work in the public sector then you earn the same as the lads at the top. It's the reason he can't contribute to the Irish Economy forum anymore.

noodler · 08-12-2011 04:11PM

I'd wait and see if the bonus is contractual first but I wouldn't have much sympathy.

Plenty of firms have gone bankrupt since the recession and the Government didn't save them - such workers actually lost their job.

It is a bit much to expect taxpayers to fork out billions for the institution if it could afford things like a full month's bonus which does not even depend on performance.

MagicSean · 08-12-2011 04:16PM

noodler wrote: »

I'd wait and see if the bonus is contractual first but I wouldn't have much sympathy.

Plenty of firms have gone bankrupt since the recession and the Government didn't save them - such workers actually lost their job.

It is a bit much to expect taxpayers to fork out billions for the institution if it could afford things like a full month's bonus which does not even depend on performance.

As was previously mentioned, it isn't a bonus. It's there pay due from the previous eleven months.

gigino · 08-12-2011 04:35PM

MagicSean wrote: »

You're wasting your time. Gigino can't understand the difference between ranks or jobs.

Of course I can. And of course the desk staff / people in the lower level of the EBS are not paid as much as the head there, who according to media reports had his pay reduced from 500,000 per year to only 380,000.
I do not know what the ordinary office staff there are on ....but I doubt its less than most other people in equivalent jobs in the private sector - and they do not get a months bonus at xmas ( paid by the taxpayer ), so why should the EBS ?

MagicSean wrote: »

As far is he is concerned, if you work in EBS then you earn the same salary as the person at the top.

You are wrong there, I would say most peiople in the EBS would earn less than a quarter of what the top guy there gets. Maybe you can tell me what the lower workers in the EBS get, as you seem quite close ?

And if Anglo was closed down + staff were let go, why not the EBS ? Its not lending any more + is a drain to the tune of billions on the taxpayer. If the rogue bank closes, should'nt the rogue building society ?

MagicSean wrote: »

If you work in the public sector then you earn the same as the lads at the top.

No no no. You are wrong there. Average public sector pay according to www.cso.ie is reduced to only 48,000 per year. The boys at the top of the public service earn a lot more than that. Many people in the Public service earn less than that. Nobody gets a months xmas bonus from the taxpayer. That type of thing only goes on in the worst of corrupt African countries. It does not happen in western countries.

noodler · 08-12-2011 04:44PM

jester77 wrote: »

This is not a bonus payment.

Your total salary is divided by 13 instead of 12. So every month you get a little less and then at the end of the year you get salary 12 + 13 in one payslip. Num 13 is not guaranteed and may not be paid out if the company had a bad year and is struggling.

MagicSean wrote: »

As was previously mentioned, it isn't a bonus. It's there pay due from the previous eleven months.

With respect I am reading seriously conflicting stories.

1) Its an extra payment they get contractually (not based on performance - madness in itself)

2) Its an extra payment that they usually get but aren't legally entitled to if the compnay has a bad year (or 10)

3) Its part of their normal salary (i.e. their annual salary is divided into 13 payments - if true the contract had better mention an annual salary explicitly)

4) Its part of a savings scheme (in which case I don't see how the Government has a leg to stand on).

Whichever of the above is true - I hope the practice will be examined next year.

tightropetom · 08-12-2011 04:54PM

starbelgrade wrote: »

It's not true. He just made that up.

That's not correct. You just made that up. I've stated what I've heard from two separate EBS employees. :rolleyes:

mickol · 08-12-2011 04:55PM

Fbjm wrote: »

Heh, my dad is the one who stopped them getting their bonuses. Cutbacks had to be made etc. Trust the union to get all pissy about it :rolleyes:

Funny actually, they were on the news yesterday and wanted to make a fuss, but dad got the place to shut and disable the blinds, thus a reporter standing outside a seemingly calm building. Union epic-fails :cool:

******* ****

Snakeblood · 08-12-2011 04:56PM

noodler wrote: »

With respect I am reading seriously conflicting stories.

1) Its an extra payment they get contractually (not based on performance - madness in itself)

2) Its an extra payment that they usually get but aren't legally entitled to if the compnay has a bad year (or 10)

3) Its part of their normal salary (i.e. their annual salary is divided into 13 payments - if true the contract had better mention an annual salary explicitly)

4) Its part of a savings scheme (in which case I don't see how the Government has a leg to stand on).

Whichever of the above is true - I hope the practice will be examined next year.

If they're legally entitled to it, they'd get it. They're not entitled, is the only construction you can put on it.

starbelgrade · 08-12-2011 04:59PM

tightropetom wrote: »

That's not correct. You just made that up. I've stated what I've heard from two separate EBS employees. :rolleyes:

Sure what would they know? Them guys think there's 13 months in a year.

noodler · 08-12-2011 05:09PM

Snakeblood wrote: »

If they're legally entitled to it, they'd get it. They're not entitled, is the only construction you can put on it.

Well, why is this any different to this?

http://www.politics.ie/forum/economy/145837-aib-not-award-bonuses-after-consultation-minister-finance-6.html

They may have been entitled to it in a pre-bailout era but I disagree that we can say, without any further investigation, that all contracts should be honoured as if billions of State money had not entered the society.

Anyway, jumping the gun until we find out more details.

Snakeblood · 08-12-2011 05:14PM

noodler wrote: »

Well, why is this any different to this?

http://www.politics.ie/forum/economy/145837-aib-not-award-bonuses-after-consultation-minister-finance-6.html

They may have been entitled to it in a pre-bailout era but I disagree that we can say, without any further investigation, that all contracts should be honoured as if billions of State money had not entered the society.

Anyway, jumping the gun until we find out more details.

I'm not saying the money should be paid at all, I think it shouldn't. But I think after they got their fingers burned the last time on bonus payouts, they made sure of what they could withhold and what they couldn't.

Although I could be wrong and you're absolutely right, this is conjecture. It does seem odd though, that Unite are going for industrial action rather than a legal challenge if they do have a good case for this.

Freddie59 · 08-12-2011 05:14PM

hidinginthebush wrote: »

I heard on the radio that the staff were told two weeks ago they were getting the bonus / payment, then were only told yesterday, the day before they were due to get it, that they weren't, and that is why EBS are a shower of cunts :mad:

Regardless of the legalities of their entitlement to the payment, to be told at the end of November you'll have a nice wedge 2 and a half weeks before Christmas, then to have it cruelly snatched away from you, is fucking heartless. Shame on them.

FFS these people shouldn't even be in a job. and they're moaning about a fcuking bonus????? Highlights all that is wrong with this country. Anyone employed by the government - or in a business bankrolled by the government - still thinks its 2005. Clowns.:mad:

Freddie59 · 08-12-2011 05:15PM

Snakeblood wrote: »

I'm not saying the money should be paid at all, I think it shouldn't. But I think after they got their fingers burned the last time on bonus payouts, they made sure of what they could withhold and what they couldn't.

Although I could be wrong and you're absolutely right, this is conjecture. It does seem odd though, that Unite are going for industrial action rather than a legal challenge if they do have a good case for this.

Are this shower for real???? FFS. Fcuk them. Let them go out - and stay there.

Snakeblood · 08-12-2011 05:16PM

Freddie59 wrote: »

Are this shower for real???? FFS. Fcuk them. Let them go out - and stay there.

They're balloting their members, it's what they should be doing for the people whose interests they represent.

jpm4 · 08-12-2011 05:17PM

LittleBook wrote: »

Maybe they'll get a years subscription to the "Jelly of the Month" club, that'll cheer them up.

"Clark...that's the gift that keeps giving all year long!"

gigino · 08-12-2011 05:24PM

jpm4 wrote: »

"Clark...that's the gift that keeps giving all year long!"

yeah, a Clarkes shoe up the a**, thats what they want.

Like the Anglo workers, many of them done well during the celtic tiger, which they helped create by over-lending. Now those days are gone, and they are no longer functioning as a proper building society, their bonus's should stop. They are lucky the taxpayer is keeping them in their jobs / pumping billions in to their little building society. Many people whose companies are insolvent / bust are on the scrapheap.

Freddie59 · 08-12-2011 05:24PM

Snakeblood wrote: »

They're balloting their members, it's what they should be doing for the people whose interests they represent.

Their interests should be in retaining their jobs, and being damn glad they're not on the fcuking dole, which is where they would have been had those banks been treated in a normal commercial fashion.

MagicSean · 08-12-2011 05:24PM

Freddie59 wrote: »

FFS these people shouldn't even be in a job. and they're moaning about a fcuking bonus????? Highlights all that is wrong with this country. Anyone employed by the government - or in a business bankrolled by the government - still thinks its 2005. Clowns.:mad:

Why shouldn't they have a job?

EBS building soc workers want annual Xmas bonus

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