3 ms·
> That does not imply he did his job properly. That would not be surprising given that he was fired. Unless you're suggesting that an employee who is fired sh
by nilkn 11y ago
> That does not imply he did his job properly.
That would not be surprising given that he was fired.
Unless you're suggesting that an employee who is fired should have to pay back all the compensation they were paid, I honestly don't see what you're trying to argue here.
The real problem here is that companies mistakenly place such an incredible amount of confidence in their CEOs and therefore offer them extraordinary leverage in the negotiations. They become convinced that they've found the one person in the world who can lead their company into the future, and once that belief has settled they're willing to pay almost anything to keep that person.
- Dylan16807 11y agoIn an extreme case, let's say an employee was a total fraud, filling out timesheets and never coming to work. It would make sense to take all compensation back. At a certain point of literally not doing what you were paid to do, on purpose, at the very least all bonuses should be revoked. Signing bonuses should require a certain amount of honest effort before they lock in, and exit bonuses should require the same or more.
- nilkn 11y agoI agree when we're talking about that extreme, but I don't think we have evidence that their CEO was a total fraud. He was just the figurehead of a scandal that may or may not have involved him, and if it did involve him that doesn't necessarily mean he held sole responsibility. In fact, this notion that he wasn't performing his agreed upon duties might be spectacularly false if the whole executive team was in on it. For all we know his resignation was simply a PR stunt to make it seem as if the company is recoiling in shock at the revelations.
- Dylan16807 11y agoIt's very true that we don't have the full picture yet. If he has even moderate responsibility, I don't think he deserves any bonuses or similar he got. It doesn't take 'full' responsibility. But maybe he had almost none, and it's fine.