Quote:
Originally Posted by quasi
It's not the dollar figure for me, you should not be getting a bonus if you're doing a shitty job or if your company is losing money.
I'm eligible for a bonus every year depending on my branches profits, if we lose money no soup for me. It doesn't even matter if every project I'm involved with makes money, if my branch loses money no bonus.
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Different company gives out different kind of bonus package.
Thing is, you don't know if the executives is doing a shitty job. Bloated government corporations like ICBC have a ton of moving parts, is highly political that you can't just "rip the bandage" off without risking the entire system collapse. The new CEO could be doing an excellent job but it would takes time for the to get back into the black.
Nobody worth their salt is dying to take the CEO helm if you tell them "no bonus for you until we get back in the black, even though we fucked up our company so badly that it will take years to break even". Turn-around strategy isn't implemented overnight.
Again, you want capable talents, you have to pay them. That's the reality.