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Yes, if it really was a coin flip you'd be right. But that's not really reasonable - in the real world you can't know the odds like that. If you think about wh
by EdHominem 10y ago
Yes, if it really was a coin flip you'd be right. But that's not really reasonable - in the real world you can't know the odds like that.
If you think about what the company is saying, it's "If we fail at our business this year, we'll pay you less despite all your work." Even if that was only a 10% chance, meaning I'd statistically win, I wouldn't work there because they're looking to shit on me for their fuckups.
And it's far more likely that they'll specifically and intentionally defraud you by faking the performance metric, and reward themselves the bonus they "saved" by not paying you.
- harryh 10y agoYour cynicism does not match up with the historical behavior of investment banks towards their employees. But yes, if you think this way you should definitely not ever go work for one. In fact you probably shouldn't work with anyone else because whenever you do that your success is, at least in some ways, tied in with their success. Best to work alone all by yourself where you don't ever have to trust anyone else.
- thedufer 10y ago> And it's far more likely that they'll specifically and intentionally defraud you by faking the performance metric, and reward themselves the bonus they "saved" by not paying you. Surely this would result in extremely high turnover? High turnover employers is probably something you want to avoid anyway, so I don't see this changing the equation much.