The employer may have a contractual obligation to include a bonus

Current Events » in reply to Bailout Banker's Baffling Bogus Bonus

z — 3/17/2009 7:21:51 PM (archived)

as part of am employee's overall compensation, but remember that the size of the bonus is supposed to be tied to...performance. In theory at least!

I find it very, very difficult to believe that at least 73 employees at IAG performed so unbelievably great at their jobs last year that each of them genuinely earned a bonus > $1,000,000!

The whole thread (24 posts)

Bailout Banker's Baffling Bogus Bonus - ER - 3/17/2009 4:31:56 PM
- Retention bonuses - TB - 3/19/2009 4:20:31 PM
  - re: Retention bonuses - ER - 3/19/2009 9:24:15 PM
- I disagree. When you are on welfare, you don't pass out millions to executives. - David F Mayer - 3/18/2009 8:30:22 PM
  - Mebbe so... - ER - 3/18/2009 9:16:53 PM
    - I repeat, the government has the right to void contracts. (n/t) - David F Mayer - 3/19/2009 2:34:23 AM
      - The government should not have the right to void other people's contracts that were legal when they were made. - ER - 3/19/2009 10:01:17 AM
        
        Actually, I'm enjoying the proposed solution - azstrummer - 3/19/2009 12:57:43 PM
- Lessee, the automakers had contracts too, with Unions. Had to re-negotiate them. - Bowser - 3/18/2009 6:08:11 PM
- The Dodd Amendment - TB - 3/18/2009 2:42:06 AM
  - Yeah, it was Dodd. - TB - 3/18/2009 11:58:00 PM
    - 'Strummer was right... - ER - 3/19/2009 12:22:36 PM
      - Dodd has been the Golden Boy of the financial industry for years. - TB - 3/19/2009 12:40:24 PM
        
        FALLING FOR THIS DOG AND PONY SHOW???? - ER - 3/19/2009 4:04:40 PM
- Bogus Explanation - Yea Yea Take The Money & Run - Marsby - 3/18/2009 12:12:09 AM
- Solution - The Special Financial Institution Bailout Bonus Tax Bracket! - z - 3/18/2009 12:09:12 AM
- I hate that I agree with you - azstrummer - 3/17/2009 9:21:52 PM
  - I hate that I agree with me. - ER - 3/17/2009 11:48:06 PM
    - "guillotine in 1789" lol! - z - 3/18/2009 12:02:11 AM
      - Nobody wins in a revolution. - ER - 3/18/2009 12:15:09 AM
        
        Revolutions are like labor strikes. - Bowser - 3/18/2009 2:59:10 AM
        
        the innocent are published? - ER - 3/18/2009 12:12:52 AM
- The employer may have a contractual obligation to include a bonus - z - 3/17/2009 7:21:51 PM
  - No employer hands out a bonus before the job's even started. - ER - 3/17/2009 11:33:55 PM

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