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.
I know a number of places used to routinely give significant bonuses. I've worked for non-profits for the last ... lotta years ... if we're not supposed to make a profit, then it's OK if we don't, right?
Basically, I think the bonus thing is a bad PR move. Just give people $300K salary, instead of $150K salary, $150K bonus.
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?
Well, it's the "counts on tips" argument on a much larger scale. Not that I'm sympathetic when it comes to many banking salaries.
Personally, I think that the "I'm happy to have a job" attitude can be a bit self-defeating. I still better get a raise, if only because, if I don't, it essentially means my lame co-worker and I got the same raise. And that is unacceptable to me. If there is any sort-of company-wide crackdown, I still plan to negotiate for more vacation time at least.
Of course, since street sweepers in this city apparently make $20K more than me, I don't think I could do much worse salary-wise if I had to change jobs.
Timelies all!
I guess there is something to be said about being a federal employee. Fairly regular pay increases, even if the amount of the increase isn't that much, is something to be thankful for.
I'm currently making about $1000 more per year than I was six years ago. Grad student TAs here have no negotiating power at all.
Got an e-mail from my boss with the subject line "We all still have jobs." Her meeting was just about how to pass on the info about the raise pool, which she had already done.
I'm all caught up on Friday Night Lights.
Oh whoa. First of all, Matt
broke my heart
with the
emancipated minor stuff.
And Smash?
Smash's mom made me all wobbly because she's so Corinne. I love how she just laid it out for him about what the obligations were.
And as ever Coach and Principal Taylor.
The For Sale signs? Yikes.
I somehow accidentally blocked megan walker-- how do I unbla=ock her?
At my uni, we have the 10% budget cuts and the hiring freeze and the no raises. And they have lowered the heat significantly-- which does not bother me at my day job, but the costume shop is freezing-- it was about 55 last night and I was wearing my clothes with a floor length all wool bathrobe over that and a cape over that!
They aren't actually freezing hiring at the School of Nursing because we are supposed to be increasing enrollments (doubling them) with two classes of nursing students instead of one per year. They did significatly cut the budget by firing my big boss (who made six figures). My old direct boss was fired by the bog boss and rehired by the school making significantly less (although she is now my boss again. And the right hand of old big boss, also making six figures left and was not replaced. But they also got rid of the associate dean's secretary who was doing a terrible job, but are re-hiring. She probably made around 25K.
