Saturday, March 28, 2009

Is that a bonus in your pocket, or are you just glad to see me?

(Via the online version of the Merriam-Webster Dictionary)
Pronunciation: \ˈ-nəs\
Function: noun
Etymology: Latin, literally, good — more at bounty
Date: 1773
: something in addition to what is expected or strictly due: as a: money or an equivalent given in addition to an employee's usual compensation b: a premium (as of stock) given by a corporation to a purchaser of its securities, to a promoter, or to an employee
It has bugged me quite a bit that the whole issue of "bonuses" that the investment services employees have gotten are being viewed as necessary to retaining "quality" employees. Doesn't that make them part of the employees' salary, rather than a bonus? Weren't bonuses supposed to be a prize for performance, sort of like this:

Not to listen to the AIG cry babies tell it. They get "bonuses" to keep them there. Fuck 'em. Or, what the hell, give them the steak knives, and then fuck 'em.

"A loser is a loser."

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