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THE TIMES POLL – Banking bonus questions, February 2009

Fieldwork: February 11th 2009

published by The Times

Net agreement 
Before bailing out the banks with taxpayers' money, the government should have ensured that there would be no possibility of any of that money ending up being used to pay bonuses to bank employees79%
Those senior bank employees responsible for decisions that led to huge losses should not get bonuses, but those who have worked in profit-making parts of the banks should be able to receive bonuses as usual37%
It is in the country's best interests to allow bank bonuses to be paid out as in the past, because the most capable senior staff may otherwise leave and go to work instead for foreign banks that do still offer big bonuses-4%
Banks which had to be bailed out by the government, and which are now partly nationalised, should not be permitted to pay any bonuses at all to their staff30%
Those senior bankers who took decisions that led to the need for taxpayer-funded bail-outs in order to stay afloat should not only not get bonuses, they should be forced to repay the big bonuses they have received in previous years30%
The salaries of senior bank staff should be capped by the government, so that never again will bankers earn the enormous sums that they have in the past66%
The bonuses paid to senior bank staff should be capped by the government, so that regardless of how profitable they may become in the future, never again will bankers earn the enormous sums that they have in the past71%
The senior executives who were running the banks that had to be bailed out by the taxpayer have now made clear by their public apologies that they accept responsibility for the mistakes that were made, and are truly sorry-5%

Before bailing out the banks with taxpayers' money, the government should have ensured that there would be no possibility of any of that money ending up being used to pay bonuses to bank employees.

 AllMenWomenABC1C2DE
Strongly agree79%80%78%70%80%83%84%
Somewhat agree10%7%13%15%11%6%8%
TOTAL AGREE89%87%91%85%91%89%92%
Somewhat disagree7%8%6%12%7%6%3%
Strongly disagree3%4%2%3%2%3%5%
TOTAL DISAGREE10%12%8%15%9%9%8%
Net agree79%75%83%70%82%80%84%

Those senior bank employees responsible for decisions that led to huge losses should not get bonuses, but those who have worked in profit-making parts of the banks should be able to receive bonuses as usual.

 AllMenWomenABC1C2DE
Strongly agree32%44%20%30%34%34%27%
Somewhat agree36%29%42%45%32%31%34%
TOTAL AGREE68%73%62%75%66%65%61%
Somewhat disagree12%9%15%10%15%8%15%
Strongly disagree19%16%22%13%20%25%20%
TOTAL DISAGREE31%25%37%23%35%33%35%
Net agree37%48%25%52%31%32%26%

It is in the country's best interests to allow bank bonuses to be paid out as in the past, because the most capable senior staff may otherwise leave and go to work instead for foreign banks that do still offer big bonuses.

 AllMenWomenABC1C2DE
Strongly agree19%27%12%15%20%21%19%
Somewhat agree27%25%30%31%26%30%23%
TOTAL AGREE46%52%42%46%46%51%42%
Somewhat disagree16%12%19%18%14%11%19%
Strongly disagree34%35%34%31%39%35%32%
TOTAL DISAGREE50%47%53%49%53%46%51%
Net agree-4%5%-11%-3%-7%5%-9%

Banks which had to be bailed out by the government, and which are now partly nationalised, should not be permitted to pay any bonuses at all to their staff.

 AllMenWomenABC1C2DE
Strongly agree44%41%47%29%45%50%53%
Somewhat agree20%18%22%24%17%21%20%
TOTAL AGREE64%59%69%53%62%71%73%
Somewhat disagree23%27%19%31%28%17%14%
Strongly disagree11%12%9%14%9%10%9%
TOTAL DISAGREE34%39%28%45%37%27%23%
Net agree30%20%41%8%25%44%50%

Those senior bankers who took decisions that led to the need for taxpayer-funded bail-outs in order to stay afloat should not only not get bonuses, they should be forced to repay the big bonuses they have received in previous years.

 AllMenWomenABC1C2DE
Strongly agree45%46%44%34%44%44%58%
Somewhat agree19%18%20%17%17%26%18%
TOTAL AGREE64%64%64%51%61%70%76%
Somewhat disagree21%21%20%29%19%20%15%
Strongly disagree13%13%14%18%16%9%9%
TOTAL DISAGREE34%34%34%47%35%29%24%
Net agree30%30%30%4%26%41%52%

The salaries of senior bank staff should be capped by the government, so that never again will bankers earn the enormous sums that they have in the past.

 AllMenWomenABC1C2DE
Strongly agree66%64%68%56%60%73%79%
Somewhat agree16%14%19%17%23%13%11%
TOTAL AGREE82%78%87%73%83%86%90%
Somewhat disagree11%13%9%18%11%10%4%
Strongly disagree5%8%3%8%5%4%4%
TOTAL DISAGREE16%21%12%26%16%14%8%
Net agree66%57%75%47%67%72%82%

The bonuses paid to senior bank staff should be capped by the government, so that regardless of how profitable they may become in the future, never again will bankers earn the enormous sums that they have in the past.

 AllMenWomenABC1C2DE
Strongly agree67%70%64%53%64%82%71%
Somewhat agree18%14%23%23%24%8%16%
TOTAL AGREE85%84%87%76%88%90%87%
Somewhat disagree8%7%8%13%7%3%6%
Strongly disagree6%6%5%7%5%7%5%
TOTAL DISAGREE14%13%13%20%12%10%11%
Net agree71%71%74%56%76%80%76%

The senior executives who were running the banks that had to be bailed out by the taxpayer have now made clear by their public apologies that they accept responsibility for the mistakes that were made, and are truly sorry.

 AllMenWomenABC1C2DE
Strongly agree22%27%18%19%16%30%26%
Somewhat agree23%22%25%27%28%12%23%
TOTAL AGREE45%49%43%46%44%42%49%
Somewhat disagree20%16%24%20%20%28%15%
Strongly disagree30%32%28%30%34%27%28%
TOTAL DISAGREE50%48%52%50%54%55%43%
Net agree-5%1%-9%-4%-10%-13%6%
.