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	<title>Comments for Aegle Limited</title>
	<atom:link href="http://aegleltd.co.uk/blog/?feed=comments-rss2" rel="self" type="application/rss+xml" />
	<link>http://aegleltd.co.uk/blog</link>
	<description>News for banking professionals in the UK</description>
	<lastBuildDate>Tue, 24 Apr 2012 08:59:22 +0000</lastBuildDate>
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		<title>Comment on Skill shortages or employers being mean? by Scott</title>
		<link>http://aegleltd.co.uk/blog/?p=707#comment-215</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Tue, 24 Apr 2012 08:59:22 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=707#comment-215</guid>
		<description>The trouble is employers are looking for MR Perfect and want to pay peanuts. Or they are too worried about taking on someone better than themselves.</description>
		<content:encoded><![CDATA[<p>The trouble is employers are looking for MR Perfect and want to pay peanuts. Or they are too worried about taking on someone better than themselves.</p>
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		<title>Comment on Is anybody happy at work? by Trevor Durritt</title>
		<link>http://aegleltd.co.uk/blog/?p=697#comment-214</link>
		<dc:creator>Trevor Durritt</dc:creator>
		<pubDate>Tue, 10 Apr 2012 16:11:58 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=697#comment-214</guid>
		<description>An interesting observation Keith but not new IMHO.  I was happy in my last role and was a little disappointed when my contract ended in December 2011. I think it depends on what you mean by “employer”.  Many staff see their senior bosses as the employer, even though they may not be on a board or have shares in the business or ownership of it. Perhaps it is when these non-owning “employers” are unhappy that the impression is created as you state.

I recognise many of the reasons that you put forward.  Boards dominated by accountants are not good for social cohesion within a business but we should not forget that businesses set out to take risk for a return which with good planning will result in a profit for the risk-takers.  It is accountants that do their best to influence the bottom line to please the owners and this can create unhappiness at all levels among those affected, especially when things do not go well.

In summary, your first point is bound to cause discontent.  Employers will not be content if the workforce is unhappy for the reasons you state – they make their feelings known to the bosses.  Your second point is also true.  I worked in a small bank and found that more and more time was spent on unproductive work i.e. defending ourselves from accountants, auditors and regulators (not a bad thing but it does not give a great deal of job satisfaction). Your third point is also true but in the present economic situation, many unhappy employees/candidates have to stay put because the job opportunities are few.

Overall then, it could be said that many are unhappy, employees and employers alike, because the current situation, added to  ever burgeoning regulation, law and general red tape, makes them want to give it all up and raise hens in the countryside.  Chance would be a fine thing!</description>
		<content:encoded><![CDATA[<p>An interesting observation Keith but not new IMHO.  I was happy in my last role and was a little disappointed when my contract ended in December 2011. I think it depends on what you mean by “employer”.  Many staff see their senior bosses as the employer, even though they may not be on a board or have shares in the business or ownership of it. Perhaps it is when these non-owning “employers” are unhappy that the impression is created as you state.</p>
<p>I recognise many of the reasons that you put forward.  Boards dominated by accountants are not good for social cohesion within a business but we should not forget that businesses set out to take risk for a return which with good planning will result in a profit for the risk-takers.  It is accountants that do their best to influence the bottom line to please the owners and this can create unhappiness at all levels among those affected, especially when things do not go well.</p>
<p>In summary, your first point is bound to cause discontent.  Employers will not be content if the workforce is unhappy for the reasons you state – they make their feelings known to the bosses.  Your second point is also true.  I worked in a small bank and found that more and more time was spent on unproductive work i.e. defending ourselves from accountants, auditors and regulators (not a bad thing but it does not give a great deal of job satisfaction). Your third point is also true but in the present economic situation, many unhappy employees/candidates have to stay put because the job opportunities are few.</p>
<p>Overall then, it could be said that many are unhappy, employees and employers alike, because the current situation, added to  ever burgeoning regulation, law and general red tape, makes them want to give it all up and raise hens in the countryside.  Chance would be a fine thing!</p>
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		<title>Comment on Do we learn from history? by easybud1</title>
		<link>http://aegleltd.co.uk/blog/?p=588#comment-200</link>
		<dc:creator>easybud1</dc:creator>
		<pubDate>Fri, 30 Dec 2011 15:53:10 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=588#comment-200</guid>
		<description>To be fair it was a slip, but I received a number of phone calls telling me I was right so I left it in.

Happy New Year, Rick</description>
		<content:encoded><![CDATA[<p>To be fair it was a slip, but I received a number of phone calls telling me I was right so I left it in.</p>
<p>Happy New Year, Rick</p>
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		<title>Comment on Do we learn from history? by Mike</title>
		<link>http://aegleltd.co.uk/blog/?p=588#comment-199</link>
		<dc:creator>Mike</dc:creator>
		<pubDate>Thu, 29 Dec 2011 23:55:17 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=588#comment-199</guid>
		<description>Paragraph 3, line 4: &quot;....reich northern countries...&quot;

Has the author exhibited a classic Freudian slip?

Das Euro 4th Riech? &#039;Javol mein Fuhrer&#039;.

Indeed, do our (glorious) leaders learn from history?

Long live Satire.</description>
		<content:encoded><![CDATA[<p>Paragraph 3, line 4: &#8220;&#8230;.reich northern countries&#8230;&#8221;</p>
<p>Has the author exhibited a classic Freudian slip?</p>
<p>Das Euro 4th Riech? &#8216;Javol mein Fuhrer&#8217;.</p>
<p>Indeed, do our (glorious) leaders learn from history?</p>
<p>Long live Satire.</p>
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		<title>Comment on Contracting or Permanent employment by Richard Harrison</title>
		<link>http://aegleltd.co.uk/blog/?p=325#comment-197</link>
		<dc:creator>Richard Harrison</dc:creator>
		<pubDate>Wed, 19 Oct 2011 11:20:00 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=325#comment-197</guid>
		<description>Contracting suits my lifestyle best, but I know it is different for other people. It is also a good way to enter the current job market.</description>
		<content:encoded><![CDATA[<p>Contracting suits my lifestyle best, but I know it is different for other people. It is also a good way to enter the current job market.</p>
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		<title>Comment on Greece: sink or save? by Trudie Fuggle Daphnie</title>
		<link>http://aegleltd.co.uk/blog/?p=526#comment-193</link>
		<dc:creator>Trudie Fuggle Daphnie</dc:creator>
		<pubDate>Tue, 20 Sep 2011 12:38:50 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=526#comment-193</guid>
		<description>What can I say????  Basically it is all correct and true.  I, as one of these privately employed persons, cannot not do anything but &quot;pay out&quot; where others have &quot;paid in to their pockets&quot;.  Together with my husband, we are loosing approximately Euro 9,000 per annum from our salaries (i.e. 5 monthly salaries).  This is mainly because even though Greeks are paid 14 time per year (i.e. salary x12/14; we receive less salary each month in order to boost during difficult periods of the year), we are now only getting 12 months pay and pay additional taxation (on top of the norm).  

Adding to that, we have suddenly (mid September ) been dumped with ANOTHER additional taxation to our annual income as well as yet ANOTHER additional taxation to property owned, because we had the audacity to scrimp and save all of our lives in order to buy our own property, (which we are already taxed on anyhow).  And both of these MUST be paid by end of 2011.  

I will not go down the road of inflation and the cost of everyday necessities like &quot;food&quot;; nor shall I touch upon the subject of VAT increasing from 13% to 23% over night.  Do you know that I can come to London (return) for euro 112, and yet a one way ticket to Chania Crete will cost me around Euro 130!!!  Where is the sense in that?

Heating oil will cost us 50% more for 2011 then it did in 2010.  How on earth can we manage, let alone OAP’s whose basic pensions are not normally more that 800 Euro.  Or the unemployed who, if they are lucky, receive euro 400 for six months only.  After that …. Go hungry.   And then we wonder why crime rate had increased so much?
 
AND WHY HAVE WE ARRIVED AT THIS SITUATION? ….. The simply answer is GREEDINESS.  Greediness on behalf of the politicians and super rich who do not pay taxes.  The question is not who they are (we all know who they are) but why are they not made to return the money the have “stolen” over the years.  Why are they not made to pay their back taxes or the national insurance owned.

AND WHY IS IT ALWAYS US, THE SIMPLE EVERY DAY WORKER WHO ENDS UP PAYING THE BILL?</description>
		<content:encoded><![CDATA[<p>What can I say????  Basically it is all correct and true.  I, as one of these privately employed persons, cannot not do anything but &#8220;pay out&#8221; where others have &#8220;paid in to their pockets&#8221;.  Together with my husband, we are loosing approximately Euro 9,000 per annum from our salaries (i.e. 5 monthly salaries).  This is mainly because even though Greeks are paid 14 time per year (i.e. salary x12/14; we receive less salary each month in order to boost during difficult periods of the year), we are now only getting 12 months pay and pay additional taxation (on top of the norm).  </p>
<p>Adding to that, we have suddenly (mid September ) been dumped with ANOTHER additional taxation to our annual income as well as yet ANOTHER additional taxation to property owned, because we had the audacity to scrimp and save all of our lives in order to buy our own property, (which we are already taxed on anyhow).  And both of these MUST be paid by end of 2011.  </p>
<p>I will not go down the road of inflation and the cost of everyday necessities like &#8220;food&#8221;; nor shall I touch upon the subject of VAT increasing from 13% to 23% over night.  Do you know that I can come to London (return) for euro 112, and yet a one way ticket to Chania Crete will cost me around Euro 130!!!  Where is the sense in that?</p>
<p>Heating oil will cost us 50% more for 2011 then it did in 2010.  How on earth can we manage, let alone OAP’s whose basic pensions are not normally more that 800 Euro.  Or the unemployed who, if they are lucky, receive euro 400 for six months only.  After that …. Go hungry.   And then we wonder why crime rate had increased so much?</p>
<p>AND WHY HAVE WE ARRIVED AT THIS SITUATION? ….. The simply answer is GREEDINESS.  Greediness on behalf of the politicians and super rich who do not pay taxes.  The question is not who they are (we all know who they are) but why are they not made to return the money the have “stolen” over the years.  Why are they not made to pay their back taxes or the national insurance owned.</p>
<p>AND WHY IS IT ALWAYS US, THE SIMPLE EVERY DAY WORKER WHO ENDS UP PAYING THE BILL?</p>
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		<title>Comment on Is your boss a psychopath? by Dave Short</title>
		<link>http://aegleltd.co.uk/blog/?p=513#comment-191</link>
		<dc:creator>Dave Short</dc:creator>
		<pubDate>Fri, 02 Sep 2011 13:47:21 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=513#comment-191</guid>
		<description>Dear Sir,

I can confirm that the article is surprising as my personal experience has shown that more like 90% of bosses have psychopathic tendencies to say the least.

I consider myself in the last 10%, just don&#039;t cross me! and I can vouch for the author of this blog, that he is definitely off his trolley, but in the nicest possible way, just don&#039;t cross him either.

Is that what makes a good boss, they are fair until some one crosses that imaginary line, then we are quite willing to give both barrels but in a very honest way.</description>
		<content:encoded><![CDATA[<p>Dear Sir,</p>
<p>I can confirm that the article is surprising as my personal experience has shown that more like 90% of bosses have psychopathic tendencies to say the least.</p>
<p>I consider myself in the last 10%, just don&#8217;t cross me! and I can vouch for the author of this blog, that he is definitely off his trolley, but in the nicest possible way, just don&#8217;t cross him either.</p>
<p>Is that what makes a good boss, they are fair until some one crosses that imaginary line, then we are quite willing to give both barrels but in a very honest way.</p>
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		<title>Comment on Have pay deals in the finance sector plummeted? by Austin Alarm</title>
		<link>http://aegleltd.co.uk/blog/?p=35#comment-184</link>
		<dc:creator>Austin Alarm</dc:creator>
		<pubDate>Wed, 10 Aug 2011 05:51:29 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=35#comment-184</guid>
		<description>You&#039;ve wonderfully written the post. I&#039;ve liked your way of penning this. Thanks for sharing this.</description>
		<content:encoded><![CDATA[<p>You&#8217;ve wonderfully written the post. I&#8217;ve liked your way of penning this. Thanks for sharing this.</p>
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		<title>Comment on The audacity of public sector workers by Jeff Underwood</title>
		<link>http://aegleltd.co.uk/blog/?p=400#comment-183</link>
		<dc:creator>Jeff Underwood</dc:creator>
		<pubDate>Tue, 14 Jun 2011 10:59:12 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=400#comment-183</guid>
		<description>Audacity, true, and how I know it. I&#039;m married to a teacher and many of our friends are teachers so this is a hot topic at the moment. The proposed strike is not just over the plan to raise retirement age.

The most contentious part of the plan is to move from the existing calculation of benefit to &quot;career average&quot;. This means that the teacher who works at a lower level for many years and in their last, say, five years, wins a major promotion will be hit hard. At present their pension is calculated on the basis of their last few years. Moving to a career average will &quot;cost&quot; these teachers tens of thousands of pounds. Those who will be hit hardest are those who lead schools - so the head teachers unions are squeaking the loudest.

Second, all teachers will be asked to pay more into the pension pot. For many years current staff have subsidised current pensioners, and the low paid subsidise the higher paid. The government needs to call time on this, not just in teaching but across the board in the public sector. Unfortunately higher pension payments (we&#039;re talking hundreds if not thousands extra each year) come at a time of no pay rises and higher prices.

On a small point, when I was a school governor some years ago it was very difficult for a &quot;standard&quot; teacher to take an actuarially reduced early pension; just no provision for it in the standard scheme.

Will I be urging my wife to strike? No. But I don&#039;t think the government has tackled the major issue facing teachers pensions in their proposals. As your NUT quote hints teaching is moving from being a job for life into a shorter career. Youngsters who join from university get burnt out - yes, I&#039;ve sat in secondary classes in my genteel leafy suburb and seen how our high performing young people treat teachers. People won&#039;t put up with this for 10, 20, 30 or more years. Also, many people join teaching later in life as a second career. In neither case does the existing scheme allow them to build up a decent &quot;pot&quot; either to retire on or invest elsewhere. It has always been that early leavers and late joiners contribute the biggest chunk to the overall fund.

Teaching, civil service and local government pension schemes are giant ponzi frauds. The Conservatives must tackle that before the rot becomes too severe.</description>
		<content:encoded><![CDATA[<p>Audacity, true, and how I know it. I&#8217;m married to a teacher and many of our friends are teachers so this is a hot topic at the moment. The proposed strike is not just over the plan to raise retirement age.</p>
<p>The most contentious part of the plan is to move from the existing calculation of benefit to &#8220;career average&#8221;. This means that the teacher who works at a lower level for many years and in their last, say, five years, wins a major promotion will be hit hard. At present their pension is calculated on the basis of their last few years. Moving to a career average will &#8220;cost&#8221; these teachers tens of thousands of pounds. Those who will be hit hardest are those who lead schools &#8211; so the head teachers unions are squeaking the loudest.</p>
<p>Second, all teachers will be asked to pay more into the pension pot. For many years current staff have subsidised current pensioners, and the low paid subsidise the higher paid. The government needs to call time on this, not just in teaching but across the board in the public sector. Unfortunately higher pension payments (we&#8217;re talking hundreds if not thousands extra each year) come at a time of no pay rises and higher prices.</p>
<p>On a small point, when I was a school governor some years ago it was very difficult for a &#8220;standard&#8221; teacher to take an actuarially reduced early pension; just no provision for it in the standard scheme.</p>
<p>Will I be urging my wife to strike? No. But I don&#8217;t think the government has tackled the major issue facing teachers pensions in their proposals. As your NUT quote hints teaching is moving from being a job for life into a shorter career. Youngsters who join from university get burnt out &#8211; yes, I&#8217;ve sat in secondary classes in my genteel leafy suburb and seen how our high performing young people treat teachers. People won&#8217;t put up with this for 10, 20, 30 or more years. Also, many people join teaching later in life as a second career. In neither case does the existing scheme allow them to build up a decent &#8220;pot&#8221; either to retire on or invest elsewhere. It has always been that early leavers and late joiners contribute the biggest chunk to the overall fund.</p>
<p>Teaching, civil service and local government pension schemes are giant ponzi frauds. The Conservatives must tackle that before the rot becomes too severe.</p>
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		<title>Comment on Want job, must travel by Rick</title>
		<link>http://aegleltd.co.uk/blog/?p=389#comment-182</link>
		<dc:creator>Rick</dc:creator>
		<pubDate>Mon, 13 Jun 2011 13:41:48 +0000</pubDate>
		<guid isPermaLink="false">http://aegleltd.co.uk/blog/?p=389#comment-182</guid>
		<description>I agree with you, many people will not travel to work, an idea that is encouraged by so called communities where everyone works for one employer. Steel towns, coal towns etc. 
However on the other side if people have to travel then there must be some concession to help pay for the ever increasing fares on public transport, some people pay in excess of £4000 per annum on a rail ticket (second class) granted they earn big bucks but it stops the lower paid from doing the same
Some of the British are averse to moving to where the work is, something you do not see in other countries.While others will go anywhere.</description>
		<content:encoded><![CDATA[<p>I agree with you, many people will not travel to work, an idea that is encouraged by so called communities where everyone works for one employer. Steel towns, coal towns etc.<br />
However on the other side if people have to travel then there must be some concession to help pay for the ever increasing fares on public transport, some people pay in excess of £4000 per annum on a rail ticket (second class) granted they earn big bucks but it stops the lower paid from doing the same<br />
Some of the British are averse to moving to where the work is, something you do not see in other countries.While others will go anywhere.</p>
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