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	<title>Comments on: HSBC to axe 40 in fund administration</title>
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	<description>Guernsey News, Sport, Community &#38; Lifestyle</description>
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		<title>By: Interested</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-231033</link>
		<dc:creator>Interested</dc:creator>
		<pubDate>Sat, 26 Jan 2013 14:20:03 +0000</pubDate>
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		<description>With all these redundancies, will the states be taking on these people or making the private sector do instead of giving new or extending existing licences?</description>
		<content:encoded><![CDATA[<p>With all these redundancies, will the states be taking on these people or making the private sector do instead of giving new or extending existing licences?</p>
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		<title>By: GM</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230803</link>
		<dc:creator>GM</dc:creator>
		<pubDate>Fri, 25 Jan 2013 23:47:25 +0000</pubDate>
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		<description>Saints Bay

No surprise at all,  I hear of workers at Social Security being ordered to carry forward work till the following week so that they will have something to do next week.

It seems to be a mess from top to bottom and needs a total review of working practices, time and motion studies etc.  

Here&#039;s an idea.  Give each head of department a substantial bonus scheme over the next 3 years based on total cost savings without any deterioration in service.  The net benefit of that will be felt for many years.  Call it an investment.  Easy to say that they shouldn&#039;t get a bonus just for doing their job, but that&#039;s just not enough to make it happen.</description>
		<content:encoded><![CDATA[<p>Saints Bay</p>
<p>No surprise at all,  I hear of workers at Social Security being ordered to carry forward work till the following week so that they will have something to do next week.</p>
<p>It seems to be a mess from top to bottom and needs a total review of working practices, time and motion studies etc.  </p>
<p>Here&#8217;s an idea.  Give each head of department a substantial bonus scheme over the next 3 years based on total cost savings without any deterioration in service.  The net benefit of that will be felt for many years.  Call it an investment.  Easy to say that they shouldn&#8217;t get a bonus just for doing their job, but that&#8217;s just not enough to make it happen.</p>
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		<title>By: SaintsBay</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230756</link>
		<dc:creator>SaintsBay</dc:creator>
		<pubDate>Fri, 25 Jan 2013 21:31:53 +0000</pubDate>
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		<description>Hi Noel

Two PSW brothers at HSSD describing to me the waste and sloth there.

One sister - a nurse - ditto.

A very good friend at Income Tax - you really dont want to know what is going on there.

My wife did a number of weeks in Admin at HSSD - complete chaos.

A colleague is a new intake deputy who is pulling his hair out.

I deal with T&amp;R on a regular basis and am aware of the depair of staff especially with the chaos that SAP is creating.

Just relating what I hear and experience.

I also am fully aware of the difference between a CS and a PSW - my own family tell me often - with feeling.</description>
		<content:encoded><![CDATA[<p>Hi Noel</p>
<p>Two PSW brothers at HSSD describing to me the waste and sloth there.</p>
<p>One sister &#8211; a nurse &#8211; ditto.</p>
<p>A very good friend at Income Tax &#8211; you really dont want to know what is going on there.</p>
<p>My wife did a number of weeks in Admin at HSSD &#8211; complete chaos.</p>
<p>A colleague is a new intake deputy who is pulling his hair out.</p>
<p>I deal with T&amp;R on a regular basis and am aware of the depair of staff especially with the chaos that SAP is creating.</p>
<p>Just relating what I hear and experience.</p>
<p>I also am fully aware of the difference between a CS and a PSW &#8211; my own family tell me often &#8211; with feeling.</p>
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		<title>By: boocurr</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230639</link>
		<dc:creator>boocurr</dc:creator>
		<pubDate>Fri, 25 Jan 2013 16:50:26 +0000</pubDate>
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		<description>more local than you - sadly i agree 

there is a saying , &quot; prevention is better than cure &quot; in the case of GSY i think we are way past the prevention stage 

i imagine ISLAND WIDE VOTING - whoeevr he or she ( or it ) may be . has the best interests of Guern at heart however may never have had the opportunity to get off island and thus has nothign to compare to ...

how about forget island wide voting 
how about rather than 49 states members ...
lets get rid of 42 of them and have 7 with the correct and required skills</description>
		<content:encoded><![CDATA[<p>more local than you &#8211; sadly i agree </p>
<p>there is a saying , &#8221; prevention is better than cure &#8221; in the case of GSY i think we are way past the prevention stage </p>
<p>i imagine ISLAND WIDE VOTING &#8211; whoeevr he or she ( or it ) may be . has the best interests of Guern at heart however may never have had the opportunity to get off island and thus has nothign to compare to &#8230;</p>
<p>how about forget island wide voting<br />
how about rather than 49 states members &#8230;<br />
lets get rid of 42 of them and have 7 with the correct and required skills</p>
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		<title>By: Noel</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230618</link>
		<dc:creator>Noel</dc:creator>
		<pubDate>Fri, 25 Jan 2013 16:24:27 +0000</pubDate>
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		<description>Hi Saints Bay I know you don&#039;t like Civil servants but, ever bitter comment you make about them makes me think you actually want to be one. or at least one of the ones you seam to describe so frequently.
Not all civil servants are as you describe not all civil servants are joined at the hip to the finance industry and in fact not all Civil servants like each other or know what each other do. Again a bit like you. go down to a working mans pub on the bridge Go call a Public service employee (PSE) a Civil servant then i suggest you duck and run for the door (bet you won&#039;t make it)</description>
		<content:encoded><![CDATA[<p>Hi Saints Bay I know you don&#8217;t like Civil servants but, ever bitter comment you make about them makes me think you actually want to be one. or at least one of the ones you seam to describe so frequently.<br />
Not all civil servants are as you describe not all civil servants are joined at the hip to the finance industry and in fact not all Civil servants like each other or know what each other do. Again a bit like you. go down to a working mans pub on the bridge Go call a Public service employee (PSE) a Civil servant then i suggest you duck and run for the door (bet you won&#8217;t make it)</p>
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		<title>By: More Local Than You</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230595</link>
		<dc:creator>More Local Than You</dc:creator>
		<pubDate>Fri, 25 Jan 2013 15:10:28 +0000</pubDate>
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		<description>That advert is very funny. And far too close to the bone.</description>
		<content:encoded><![CDATA[<p>That advert is very funny. And far too close to the bone.</p>
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		<title>By: boocurr</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230516</link>
		<dc:creator>boocurr</dc:creator>
		<pubDate>Fri, 25 Jan 2013 13:12:50 +0000</pubDate>
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		<description>island wide voting - thanks for your kind words and your suggestion however there is no way i would be interested in such a post as i imagine trying to promote Guernsey as a tourist destination would be a thankless and unrewarding task.

ADVERT

Come visit Guernsey - more expensive to fly to from the UK than say Barcalona or Florence, the weather on a par with the scottish highlands, some reasonable nightlife and restaurants ( if you can avoid the chavish local lowlifes who get paraletic drunk and behave like utter feral scum - oh and you may struggle to get a taxi home as there are no mimi cab firms operating and taxi&#039;s are at a premium both in availability and cost)</description>
		<content:encoded><![CDATA[<p>island wide voting &#8211; thanks for your kind words and your suggestion however there is no way i would be interested in such a post as i imagine trying to promote Guernsey as a tourist destination would be a thankless and unrewarding task.</p>
<p>ADVERT</p>
<p>Come visit Guernsey &#8211; more expensive to fly to from the UK than say Barcalona or Florence, the weather on a par with the scottish highlands, some reasonable nightlife and restaurants ( if you can avoid the chavish local lowlifes who get paraletic drunk and behave like utter feral scum &#8211; oh and you may struggle to get a taxi home as there are no mimi cab firms operating and taxi&#8217;s are at a premium both in availability and cost)</p>
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		<title>By: Island Wide Voting</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230448</link>
		<dc:creator>Island Wide Voting</dc:creator>
		<pubDate>Fri, 25 Jan 2013 09:54:46 +0000</pubDate>
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		<description>boocurr

I believe Guernsey Tourism is advertising for a Director of operations

Might suit you down to the ground ?</description>
		<content:encoded><![CDATA[<p>boocurr</p>
<p>I believe Guernsey Tourism is advertising for a Director of operations</p>
<p>Might suit you down to the ground ?</p>
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		<title>By: pb falla</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230422</link>
		<dc:creator>pb falla</dc:creator>
		<pubDate>Fri, 25 Jan 2013 08:37:39 +0000</pubDate>
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		<description>The gravy train is coming to its end and many of those middle aged parents who put greed before family life are responsible for the inconsiderate youth of today in the islands

Bring back the good old days,or are they lost forever ?</description>
		<content:encoded><![CDATA[<p>The gravy train is coming to its end and many of those middle aged parents who put greed before family life are responsible for the inconsiderate youth of today in the islands</p>
<p>Bring back the good old days,or are they lost forever ?</p>
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		<title>By: boocurr</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230292</link>
		<dc:creator>boocurr</dc:creator>
		<pubDate>Thu, 24 Jan 2013 23:28:42 +0000</pubDate>
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		<description>Jeff - fantastic post 

i think GSY has had it too good for too long - ( punched well above its weight) all you have to do is walk around our tiny island and see fat middle aged plums driving Aston Martins ( who in their right mind would buy and drive an Aston Martin in an island where there is not only a 35 mph speed limited but roads that are geared up for a horse and cart at best -answer fat directors of finance companies who think they are 007 but in reality they are more like Mr Bean meets Ronald Macdonald)-so you see these fat ugly bald self important idiots alongside groups of ( sorry they are local to be entitled for the benefits they demand) acne ridden &quot;CHAVS&quot; pushing prams, smoking cigarettes, spitting on passers by, swearing like Millwall away at West Ham, dress sense of Jimmy Saville and no wish to give anything to society.
2013 and will be interesting</description>
		<content:encoded><![CDATA[<p>Jeff &#8211; fantastic post </p>
<p>i think GSY has had it too good for too long &#8211; ( punched well above its weight) all you have to do is walk around our tiny island and see fat middle aged plums driving Aston Martins ( who in their right mind would buy and drive an Aston Martin in an island where there is not only a 35 mph speed limited but roads that are geared up for a horse and cart at best -answer fat directors of finance companies who think they are 007 but in reality they are more like Mr Bean meets Ronald Macdonald)-so you see these fat ugly bald self important idiots alongside groups of ( sorry they are local to be entitled for the benefits they demand) acne ridden &#8220;CHAVS&#8221; pushing prams, smoking cigarettes, spitting on passers by, swearing like Millwall away at West Ham, dress sense of Jimmy Saville and no wish to give anything to society.<br />
2013 and will be interesting</p>
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		<title>By: More Local Than You</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230095</link>
		<dc:creator>More Local Than You</dc:creator>
		<pubDate>Thu, 24 Jan 2013 12:45:52 +0000</pubDate>
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		<description>Thanks Pepe.

There are a lot of islanders (some of my good friends in fact) do seem to have a champagne taste on a beer budget and the tripe that these magazines print certainly fuels this. I suppose these magazines are not unique to Guernsey.

I just have an issue with the exaulted position people in finance have in the local media. Why doesn&#039;t these magazines have interviews with nurses, care workers, bin men etc i.e. people at the coal face who make the more valuable contribution to the island than finance.

And the funny thing is, I work in the local finance industry - I do my blessings that I have a good job, but sometimes, it&#039;s a pretty soulless industry. I think it was Henry Ford that said &quot;A business that makes nothing but money is a poor business&quot;.

Don&#039;t get me wrong, I love Guernsey and will be the first to defend it from any criticism, but the island I was born and grew up in has changed rapidly in the last 10 - 15 years and not for the better.</description>
		<content:encoded><![CDATA[<p>Thanks Pepe.</p>
<p>There are a lot of islanders (some of my good friends in fact) do seem to have a champagne taste on a beer budget and the tripe that these magazines print certainly fuels this. I suppose these magazines are not unique to Guernsey.</p>
<p>I just have an issue with the exaulted position people in finance have in the local media. Why doesn&#8217;t these magazines have interviews with nurses, care workers, bin men etc i.e. people at the coal face who make the more valuable contribution to the island than finance.</p>
<p>And the funny thing is, I work in the local finance industry &#8211; I do my blessings that I have a good job, but sometimes, it&#8217;s a pretty soulless industry. I think it was Henry Ford that said &#8220;A business that makes nothing but money is a poor business&#8221;.</p>
<p>Don&#8217;t get me wrong, I love Guernsey and will be the first to defend it from any criticism, but the island I was born and grew up in has changed rapidly in the last 10 &#8211; 15 years and not for the better.</p>
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		<title>By: Pepe Le Pew</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230058</link>
		<dc:creator>Pepe Le Pew</dc:creator>
		<pubDate>Thu, 24 Jan 2013 10:43:25 +0000</pubDate>
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		<description>MLTY - You have described my feelings on those lifestyle magazines perfectly.  They sell an image of Guernsey that the majority of people cannot afford - and that includes people in the finance industry.  

My suspicion is a fair proportion of people living these lifestyles are mortgaged to the hilt and up to their eyeballs in other debt.  I fear for those people - they are living an illusion and acting like ostriches.</description>
		<content:encoded><![CDATA[<p>MLTY &#8211; You have described my feelings on those lifestyle magazines perfectly.  They sell an image of Guernsey that the majority of people cannot afford &#8211; and that includes people in the finance industry.  </p>
<p>My suspicion is a fair proportion of people living these lifestyles are mortgaged to the hilt and up to their eyeballs in other debt.  I fear for those people &#8211; they are living an illusion and acting like ostriches.</p>
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		<title>By: More Local Than You</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-230042</link>
		<dc:creator>More Local Than You</dc:creator>
		<pubDate>Thu, 24 Jan 2013 09:22:57 +0000</pubDate>
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		<description>Fully agree Jeff with what you say, like one of my earlier post notes, I have a huge dislike for these local lifestyle magazines (there seem to be several of these now) showcasing £50k cars, £40k kitchens, £10k holidays, £15k pieces of jewellery, £2m houses etc ad nauseam - all creating this distorted image of how people on this island should be living (and presumably all off the back of the Finance industry), not to mention the same old faces i.e. the &#039;great and good&#039; finance socialite events that look like something out of the Rocky Horror Show that these magazines print.

Final thought = There is no wealth but life.</description>
		<content:encoded><![CDATA[<p>Fully agree Jeff with what you say, like one of my earlier post notes, I have a huge dislike for these local lifestyle magazines (there seem to be several of these now) showcasing £50k cars, £40k kitchens, £10k holidays, £15k pieces of jewellery, £2m houses etc ad nauseam &#8211; all creating this distorted image of how people on this island should be living (and presumably all off the back of the Finance industry), not to mention the same old faces i.e. the &#8216;great and good&#8217; finance socialite events that look like something out of the Rocky Horror Show that these magazines print.</p>
<p>Final thought = There is no wealth but life.</p>
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		<title>By: Dave</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-229884</link>
		<dc:creator>Dave</dc:creator>
		<pubDate>Wed, 23 Jan 2013 21:05:23 +0000</pubDate>
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		<description>andtherest I would say most finance firms  offer between 5-7% of salary to go into a pension, some are higher. More often than not you would have to use their under performing funds. You would not be entitled to these pension contributions until you have been there two years if you leave before then they keep the money. In the UK every employee will have contributions from their firm soon.</description>
		<content:encoded><![CDATA[<p>andtherest I would say most finance firms  offer between 5-7% of salary to go into a pension, some are higher. More often than not you would have to use their under performing funds. You would not be entitled to these pension contributions until you have been there two years if you leave before then they keep the money. In the UK every employee will have contributions from their firm soon.</p>
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		<title>By: SaintsBay</title>
		<link>http://www.thisisguernsey.com/news/2013/01/18/hsbc-to-axe-40-in-fund-administration/#comment-229826</link>
		<dc:creator>SaintsBay</dc:creator>
		<pubDate>Wed, 23 Jan 2013 17:25:36 +0000</pubDate>
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		<description>Great post Jeff.

We did vote for change though - a Sarnia Spring except we have the Winter of discontent.

We can change our deputies but we have Civil Servants for life.

The new intake are trying their best but they are fighting the CS and many of the old politburo.</description>
		<content:encoded><![CDATA[<p>Great post Jeff.</p>
<p>We did vote for change though &#8211; a Sarnia Spring except we have the Winter of discontent.</p>
<p>We can change our deputies but we have Civil Servants for life.</p>
<p>The new intake are trying their best but they are fighting the CS and many of the old politburo.</p>
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