4 ms·
"But, just because the valuation went down, doesn't mean it's the management's fault." Yes, it does. The justification for the extremely high salaries and bonu
by s73ver_ 9y ago
"But, just because the valuation went down, doesn't mean it's the management's fault."
Yes, it does. The justification for the extremely high salaries and bonuses that execs get is because they are the ones who are "taking risks" and "are responsible for the company." Here, they are literally being rewarded for failure, and at the expense of people who were actually doing work.
- mgkimsal 9y ago> Here, they are literally being rewarded for failure, Because who else would 'risk' so much - like only getting a $400k bonus instead of an $1m bonus? It takes special character and fortitude to steel yourself for such challenges!