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These "state aids" are coming from the mandatory unemployment insurance scheme that both employees and employers (in this case, Booking) are forced to pay in.
by sparkling 5y ago
These "state aids" are coming from the mandatory unemployment insurance scheme that both employees and employers (in this case, Booking) are forced to pay in.
It is silly to now blame companies and employees now making use of the insurance that they paid in for years. Imagine crashing your car and the insurance is refusing to pay you, arguing "but you just bought a second car! you don't really need the insurance money!". You can claim it is morally wrong, ultimately the government set the conditions for these programs.
Also one thing to keep in mind: we don't know the exact conditions of these bonuses, they might be simply legally required to pay out the bonuses.
- nielsbot 5y agoFrom the article: The bonuses were paid because they were "concerned they could otherwise lose the three top executives."
- acomjean 5y agoThey always say that. its not a great time for executives to look for new work. And in general pay has little to do with performance.
- yunohn 5y agoThat’s not how bonuses should work. Plus, if there’s no money to pay other employees, they shouldn’t pay executives.