‘Dutch banks pay their staff €2bn a year too much’

The gap in salary between ordinary workers and average bank staff has increased from 17% in 1987 to 81% nowadays, according to research by Somo, an agency which focuses on researching multinationals.

The average bank worker now earns over €55 an hour, compared with €30 for the average
Dutch worker, the research shows.
But by cutting the banking salary bill by just 15%, they could save €2bn a year, researcher Rens van Tilburg told news agency ANP.
‘And if civil servants’ salaries are being frozen, why not a state-owned bank as well?’ Van Tilburg said, referring to ABN Amro, which was bought by the state at the height of the banking crisis.
Your thoughts? Use the comment box below to share your views

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation