Some in the City pocketed bonuses by risking other people's money, but most did well by slogging their guts out. The mean salary in the City last year was £85,500, but even secretaries were at their desks by 8am and ate their supper in the canteen before joining the 10pm yoga class.
As one headhunter told me yesterday: “Most of the high-earners have been doing incredibly punishing jobs, working untenable hours. They are often disliked by their clients and estranged from their children and wives, who will now run off in their Laboutin shoes with their younger, fitter personal trainer. They have endured years of dog-eat-dog corporate politics and punishment, only to have their net worth wiped out over a weekend. It's not funny, it's painful to watch.”
Excuse me while I puke. I have a lot more sympathy for the tellers and call centre operators at the Bank of Scotland who are about to lose their considerably less well remunerated positions.
1 comment:
Andy Hornby CEO of HBOS takes away £2m for destroying a bank and thousands of people's jobs. Some people have no shame
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