The last month has seen the papers full of comments concerning Bankers and their bonuses…..how many column inches can one subject fill? Few people would argue that in recent years a % of bank bonuses have been over the top and in some cases downright disgusting, however how many people would argue that the vast majority of bonuses are justified and the issue is the value of these bonuses?  

The next 12 months are going to be key to UKPLC and the issue of bonuses will not go away especially when the now government owned and funded institutions are refusing to pay bonus or if they are they are paying them over three years in shares. As a recruiter I have seen a flood of CV’s from extremely talented professionals looking to leave these institutions…It seems simple, there are two choice’s one is a political digestible and political correct institution void of quality that will struggle to pay the government back the money it is owed because many of its best people have left or some kind of middle ground that rewards people responsible for doing a great job and by doing so retains these quality individuals and in turn helps re-pay the debt quicker.  

Unfortunately these institutions have already made the decision and I would suggest that “WE” will regret for many years to come.