redhead-kitten's Journal: How fair is that?

Under a new bonus plan, the thrift's executive officers can get a cash bonus this year worth up to 350 percent of their annual salary, (the company) said in a regulatory filing with the Securities and Exchange Commission.

For (the CEO), the new criteria could increase his cash bonus to $3.5 million from $3 million, based on his base salary of $1 million last year.

This, after raises for the peons that don't even match up to the increase in inflation.

*sheesh*

^_^

Catagory 5

[Talinom]

That blows like a Cat 5 hurricane. Perhaps if companies put their money towards the "peons" that do the actual work then they would have higher retention and thusly higher productivity.

Whoops. Sorry for that bit of logic. It doesn't seem to apply when talking "business."