But yeah, anyone carping about raises right now in any position is really not grasping the real world, methinks.
Pretty much this. I know I've grumbled to myself when people in for-profit land get 10% and/or bonuses (where our standard is more like 2 or 3%)... Right now? I'm fully expecting 0, and damned happy to be in higher ed.
At one of my accounts in Michigan a woman died shortly after I started there--her husband was driving and hit a deer. Its hind legs went through the windshield and it kicked her to death trying to escape.
I am never driving outside the city again.
People in the bank are still not happy about the very strong likelihood of no bonuses, because they budget for them, but yeah - things could be so much worse.
My mother once hit a deer - killed the deer and left her car in bad enough shape that she got stuck in a small rural town in Virginia for several hours. The local police wanted to know what she wanted done with the deer ... if she wanted it for the meat. Being the committed supermarket hunter that she is, she told them anyone who wanted it could have it.
Yeah, I haven't gotten a raise in a couple years, and just lost matching funds on my 401k, but all in all I'm pretty happy to have a steady job with no salary cuts given the shape of the publishing industry.
People in the bank are still not happy about the very strong likelihood of no bonuses, because they budget for them, but yeah - things could be so much worse.
That's no joke though -- I was stunned when I found out that the guy I knew at Citi made more than his salary in bonus. I didn't realize it was so significant, but I guess that's how banks work.
made more than his salary in bonus
Seriously?!? Wow. And here I am at my company for 16 years, and my total in bonuses is about $250. (They really don't do bonuses in legal publishing, at least not for non-salespeople.)
Was it here that we were being somewhat judgey about octuplets woman? Because I was feeling kind of judgey about her too, until I found out that Bill O'Reilly was being judgey about her, too.
Agreeing with him in any way about this just leaves too much of a bad taste in my mouth. The woman wants to have fourteen kids, and maybe even twelve more.... have at it.
made more than his salary in bonus
Yes, that's pretty much the standard here in investment banking. I'm in IT, and it's not the case for me, but my bonus is still a significant fraction of my salary.
That's no joke though -- I was stunned when I found out that the guy I knew at Citi made more than his salary in bonus. I didn't realize it was so significant, but I guess that's how banks work.
Or in this case DON'T work.
I'm over here all "Guys, you FUCKED UP." If you expect to get it even when you run your company into the ground and need the Federal Government to bail you out that bonus isn't exactly a performance-based thing, is it?
Now, I am as concerned about the negative effect on the luxury goods economy as the next guy. Here's a thought, since I didn't run an bank into the ground I'm already more qualified for that bonus than the guy who did. Give ME the million or two and I will keep Cipriani's and Danielle in business. That's just the kind of giving chick I am.