Friday, March 20, 2015

Dijsselbloem: higher wages bankers wrong signal – Parool.nl

20-03-15 13:35 pm – Source: Reuters

Minister Dijsselbloem © anp

Minister Jeroen Dijsselbloem is not happy with the increase in salaries at the top of Dutch financial institutions such as ING, Nationale Nederlanden and ABN AMRO. He let that clearly marks today after the weekly cabinet

.

Gerrit Zalm © anp

We move neatly within the law

Gerrit Zalm

ING and NN reported yesterday salary increases for top ranging from 28 to 46 percent. ABN, most directors received 100,000 euros.

Dijsselbloem notes that the banks and insurers remain within the law, but he welcomed not the behavior. “I think this is the wrong signal. At a time when banks are engaged in recovery, in which there is a lot of restructuring and loss of jobs in industry, this is poorly understood. “

Fair
Chairman ABN Amro Gerrit Zalm find the pay rise which drivers have been last year reasonable. That said Salmon at BNR. “We move neatly within the law,” said Salmon. “This is something the House has accepted. It, therefore, is not new. This possibility was known to the Chamber. “

The former minister stressed that the directors were recruited in 2009 with the promise that their base salary of EUR 600,000 in performance with half could be expanded. At the time of this promise, the bank was nationalized. The bonus ban was introduced later, however, put a cross through the variable remuneration.

“A third of the losses thereby created is now compensated,” said Salmon. “That’s reasonable.” The CEO also pointed out that the salary increase could already be introduced in 2012, but that the directors have seen from there until 2014. “We leave it for two years, but now the supervisory board had enough. ‘



ABN Amro

The directors of ABN Amro, with the exception of CEO Gerrit Zalm, granted a wage increase of 100 thousand euros over the previous year. This amount offsets according to ABN partly bonuses are not paid in recent years due to the nationalization of the bank.

Because of the increased wage increase in salaries of directors last year by nearly 17 percent to 707 500 euros, according to the report published this morning. This increase can be fitted by the State Bank in the bonus ban on state-supported banks. Which offers the opportunity to compensate for lost bonuses for an amount equal to 20 percent of the fixed salary. The annual salary of Chairman Salmon remained unchanged last year at 759 375 euros.

The directors saw in 2012 and 2013 of the salary increase, but the board of ABN decided to do implement the increase from 2014. FNV union Finance mentioned that decision Friday in response ‘very sour’, since the majority of the employees of the bank for the past two years has received no additional salary. “But you can also see the positive. This autumn we will start negotiations on the new collective agreement. Then we can, after years of stagnation and decline, now heavily in the attack for a good pay rise, “says director Carla Kiburgh. “A breath of fresh air for our members at the bank who have lost in recent years in purchasing power.”

(By Editorial)

LikeTweet

No comments:

Post a Comment