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I think people make the mistake of thinking that the people who get bonuses are easily replaceable. The executive market of people who have experience at these
by fruityrudy 5y ago
I think people make the mistake of thinking that the people who get bonuses are easily replaceable.
The executive market of people who have experience at these kinds of levels is extremely thin. Your company needs to be attractive to this high echelon of talent.
That means keeping a good record of treatment to executives.
I think the thought of: “just pay them less or they can leave” is pretty common. But it’s just not easy to recruit at this level and the responsibility is huge.
There is a slight PR angle to avoid looking greedy, but its moreso just the nature of the talent market at this level.
- scrollaway 5y agoThis isn't just up to the company, the execs can also choose to decline bonuses in order to save their employees jobs. That they don't do that is very telling about the kind of people they are.
- fruityrudy 5y agoSustaining performance with less employees is actually the goal of execs.
- lobocinza 5y agoDoes not make it less immoral.