Comment on Water Boss Handed £270k Bonus Despite Parasite Outbreak
Gladaed@feddit.org 9 hours agoYou clearly misunderstood what I was saying.
It’s a charged topic so it makes sense. Frustrating nonetheless.
Comment on Water Boss Handed £270k Bonus Despite Parasite Outbreak
Gladaed@feddit.org 9 hours agoYou clearly misunderstood what I was saying.
It’s a charged topic so it makes sense. Frustrating nonetheless.
CompactFlax@discuss.tchncs.de 9 hours ago
Can you expand on the point? If they can’t deliver water the CEO shouldn’t be paid out; that’s the point of the salary/bonus ratio.
Gladaed@feddit.org 8 hours ago
My point was that their pay is usually structured in a way that the base pay is a small percentage of their compensation and their bonuses are a virtually fixed part of their package and tied to company performance. They tend to not get any bonus when performing exceptionally poorly (e.g. going out of business). This means you get these bonus headlines even if they didn’t get a particularly big bonus at all and maybe even had their wage docked. These kinds of headlines are incendiary.
The magnitude of pay really does not matter much at all for this discussion.