ING has taken a lot of flak for proposing
to increase its CEO Ralph Hamers’ salary by 50% to €3m in 2018. Some observers
say the figure is peanuts to what a bank CEO could command on Wall Street or
London. Others are horrified at what they see as pure excess in a Calvinistic
country.
Finance minister Wopke Hoekstra is ‘not amused,’ notes Algemeen Dagblad. In parliament MPs from GroenLinks and D66 have called for a hearing in
which Jeroen van der Veer, ex-CEO at Shell and chairman of ING’s supervisory
board, would explain his recommendation. Only right-wing Forum voor Democatie
refused to support the motion.
To say the very least Ralph Hamers’ proposed remuneration
package has opened a dialogue. ING maintains that Hamers has been underpaid for
years in comparison with bank bosses abroad.
If approved by shareholders,
Hamers’ pay package will increase to more than €3m up from €2m at present. But Hamers’s pay is ranked only 48th in the list of the 50
largest companies in the eurozone. He will move up to 44th place if the rise
goes through, ING claims.
Consider then New York banker Jamie Dimon. He is one
of the few bank chief executives to become a billionaire, thanks in part to a
$485m stake in JPMorgan Chase where he is CEO. Dimon earned $28.2m in 2016.
Banking chiefs
What are other banking chiefs in the Netherlands earning? Online
news service Nu.nl took a look at what
is known so far.
Rabobank says the pay package of its CEO Wiebe Draaijer will
be unchanged from the €980,000 he took home in 2016. Although he receives no
bonuses, Draaijer’s pension package increases his earnings to just over €1.2m.
ABN Amro CEO Gerrit Zalm was paid €775,000 in 2016, with his pension bringing
the total to nearly €1.1m. Zalm’s successor Kees van Dijkhuizen, who took over
earlier this year, will earn €713,000 in 2017. He has no right to a bonus.
So
far there has been no mass exodus of ING clients disgruntled at Hamers’ pay rise,
somewhat to the surprise of the Financieele Dagblad.
Customers
‘The uproar in
The Hague and on social media about the proposed pay rise has not led to a
large number of people leaving ING. Despite the fact that many people have
threatened to quit or to take other measures, nothing untoward has occurred,’
an ING spokesman told the FD.
The spokesman admitted that there has been
considerably more contact with the bank through chat, social media and the
phone. ‘Some of the messages are more emotional, but everyone reacted in their
own way,’ he said.
The ‘Hamers effect’ has been noted at the smaller banks
however, the FD said. Without supplying concrete numbers, a Volksbank spokesman
said contact with its ASN subsidiary has increased 14-fold over a normal Thursday.
At SNS, another Volksbank unit, the numbers merely doubled.
Green bank Triodos
said contact with customers was well up and the number of new clients had
doubled compared to other weeks.
Related Articles:
"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll)(Subjects: Old Energy, Recalibration Lectures, God / Creator,
Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul
Pope, Women in the Church otherwise church will go, Current Pope won’t do it),
Middle East, Jews, Governments will change (Internet, Media, Democracies,
Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco
Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse),
Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets,
Pharmaceutical money (fund to build Africa, to develop)), Shift of Human
Consciousness, (Old) Souls, Women, Masters to/already come back, Global
Unity.... etc.) - (Text version)
“… The
Shift in Human Nature
You're
starting to see integrity change. Awareness recalibrates integrity, and the
Human Being who would sit there and take advantage of another Human Being in an
old energy would never do it in a new energy. The reason? It will become
intuitive, so this is a shift in Human Nature as well, for in the past you have
assumed that people take advantage of people first and integrity comes later.
That's just ordinary Human nature.
In the
past, Human nature expressed within governments worked like this: If you were
stronger than the other one, you simply conquered them. If you were strong, it
was an invitation to conquer. If you were weak, it was an invitation to be
conquered. No one even thought about it. It was the way of things. The bigger
you could have your armies, the better they would do when you sent them out to
conquer. That's not how you think today. Did you notice?
Any country
that thinks this way today will not survive, for humanity has discovered that
the world goes far better by putting things together instead of tearing them
apart. The new energy puts the weak and strong together in ways that make sense
and that have integrity. Take a look at what happened to some of the businesses
in this great land (USA). Up to 30 years ago, when you started realizing some
of them didn't have integrity, you eliminated them. What happened to the
tobacco companies when you realized they were knowingly addicting your children?
Today, they still sell their products to less-aware countries, but that will
also change.
What did
you do a few years ago when you realized that your bankers were actually
selling you homes that they knew you couldn't pay for later? They were walking
away, smiling greedily, not thinking about the heartbreak that was to follow
when a life's dream would be lost. Dear American, you are in a recession.
However, this is like when you prune a tree and cut back the branches. When the
tree grows back, you've got control and the branches will grow bigger and
stronger than they were before, without the greed factor. Then, if you don't
like the way it grows back, you'll prune it again! I tell you this because
awareness is now in control of big money. It's right before your eyes, what
you're doing. But fear often rules. …”
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