Originally Posted by
neville_nobody
Exactly the same could be said for bonuses. Why do you need a bonus for just doing your job? doesn't offer an MBA program??
The thing about the bonuses was a consequence of Bill Clinton trying to cap the ridiculous growth in CEO/MD salaries by taxing them through the roof, so the base pay was set low, but the KPI bonus was huge. There was a very interesting Ted Talk on it, but I can’t find it.
Needless to say, it’s taught in MBA school, so therefore it must be the only way to attract talent.
I was chatting to one of the soccer dads, and he was really upset about missing out on his bonus because of Covid and then not being able to renovate or something. I mentioned I hadn’t worked for 10 months, but i thanked him for my Jobkeeper.