Comments on: How should bonuses be determined? http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/ Get to grips with the issues affecting world business Wed, 16 Dec 2009 20:43:39 +0000 http://wordpress.com/ hourly 1 By: Cathy H http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-8286 Cathy H Fri, 12 Dec 2008 00:04:23 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-8286 You need to do some checking on what the states of Alabama and Kentucky are doing for the foreign auto makers in their states, it's no wonder those two Senators are pushing so hard to destroy the us auto makers. You need to do some checking on what the states of Alabama and Kentucky are doing for the foreign auto makers in their states, it's no wonder those two Senators are pushing so hard to destroy the us auto makers.

]]> By: Stephen http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7699 Stephen Tue, 02 Dec 2008 02:06:45 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7699 Bonuses? You must be joking! When people are being layoff left and right? How about asking these "genius" & "captains of the industries" to first RETURN the bonuses, benefits, perks they received in the past years when they were busily hurting the system and planting the seeds of financial breakdown? How about the stockholders start to layoff those on top starting from the chairperson down to all the executives who have enjoy perks and spoilage? It might be asking too much and expecting too much from congress and the so called "regulatory authorities" coz either they are either receiving big contributions or sleeping with the enemy for after their term and tenure they can get jobs from these institutions they are suppose to regulate. Where will the change come from? Its about time those on top pay back and not firing employees who didn't have a say in policy making. Bonuses? You must be joking! When people are being layoff left and right?

How about asking these "genius" & "captains of the industries" to first RETURN the bonuses, benefits, perks they received in the past years when they were busily hurting the system and planting the seeds of financial breakdown?

How about the stockholders start to layoff those on top starting from the chairperson down to all the executives who have enjoy perks and spoilage?

It might be asking too much and expecting too much from congress and the so called "regulatory authorities" coz either they are either receiving big contributions or sleeping with the enemy for after their term and tenure they can get jobs from these institutions they are suppose to regulate.

Where will the change come from?

Its about time those on top pay back and not firing employees who didn't have a say in policy making.

]]> By: Jeremy http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7697 Jeremy Mon, 01 Dec 2008 22:06:01 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7697 I think that bonuses should be paid to those that show commitment to the company as far as years of service and dedication and what changes (for the better) that you have brought to the company. I dont think that just because you are higher up in authority or rank than most mean you get a bigger bonus...no....most of those guys are dirtbags. They wouldnt know what work was if it meant life or death! I think that bonuses should be paid to those that show commitment to the company as far as years of service and dedication and what changes (for the better) that you have brought to the company. I dont think that just because you are higher up in authority or rank than most mean you get a bigger bonus...no....most of those guys are dirtbags. They wouldnt know what work was if it meant life or death!

]]> By: Phil http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7693 Phil Mon, 01 Dec 2008 13:04:20 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7693 Bonuses are destroying America the greedy CEOs are not rich enough. Stop sponsoring the sports groups - eliminate these high polluten salaries - save big money and they won't have these finance problems. If the gate income is insufficient to pay the salaries of the players, they need a change in operation. AS long as these big companies continue to sponsor these so called "stars", big companies will suffer. After paying them 10 million, they fall and are traded. Cut all CEOs salaries to $5000.00 and watch them run - same with Managers with plush salaries. They are way over the normal run-of-the-mill working salaries. Wake up America - SHAME, SHAME ON YOU... no wonder the world is losing its patience with you. Bonuses are destroying America the greedy CEOs are not rich enough. Stop sponsoring the sports groups – eliminate these high polluten salaries – save big money and they won't have these finance problems. If the gate income is insufficient to pay the salaries of the players, they need a change in operation. AS long as these big companies continue to sponsor these so called "stars", big companies will suffer. After paying them 10 million, they fall and are traded.
Cut all CEOs salaries to $5000.00 and watch them run – same with Managers with plush salaries. They are way over the normal run-of-the-mill working salaries.
Wake up America – SHAME, SHAME ON YOU... no wonder the world is losing its patience with you.

]]> By: sam http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7688 sam Mon, 01 Dec 2008 08:10:34 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7688 Bonuses are a drop in the sea. Purely symbolic. Irrelevant. Think about the big picture. Bonuses are a drop in the sea. Purely symbolic. Irrelevant. Think about the big picture.

]]> By: AKINNIYI SUNDAY http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7683 AKINNIYI SUNDAY Sun, 30 Nov 2008 19:26:17 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7683 The regulators and the government should be more actively involved and be more transparent in the monitoring and controlling the activities of the so called CEOs. Any CEO found to have contributet to the collapse of any intitution should not only be sent to life jail , all his personal assets should be confiscated by the government. Non should go unpunished. Bonus should be regulated and made payable minimum of two years after the financial year to which it relates. The regulators and the government should be more actively involved and be more transparent in the monitoring and controlling the activities of the so called CEOs.

Any CEO found to have contributet to the collapse of any intitution should not only be sent to life jail , all his personal assets should be confiscated by the government. Non should go unpunished. Bonus should be regulated and made payable minimum of two years after the financial year to which it relates.

]]> By: Yogesh Tisgaonkar http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7518 Yogesh Tisgaonkar Tue, 25 Nov 2008 22:46:25 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7518 Bonuses should be given but at the same time these greedy CEO's should be made aware of the fact if an organization fails because of lack of their leadership then these should be taken out and distributed among the workers who are going to loose jobs. Ultimately their has to be a cap on the salary limits of a CEO, in current economy it's the pay package that attracts an CEO and not because of the passion. After all CEO -- (CUSTOMER-EMPLOYEES-ORGANIZATION) which sounds wrong isn't ? Bonuses should be given but at the same time these greedy CEO's should be made aware of the fact if an organization fails because of lack of their leadership then these should be taken out and distributed among the workers who are going to loose jobs. Ultimately their has to be a cap on the salary limits of a CEO, in current economy it's the pay package that attracts an CEO and not because of the passion.

After all CEO - (CUSTOMER-EMPLOYEES-ORGANIZATION) which sounds wrong isn't ?

]]> By: Rod http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7494 Rod Tue, 25 Nov 2008 11:06:35 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7494 Bonuses should be profit or no profit driven and shared equally throughout the enterprise. This creates an environment of stakeholder equity, all working with the same thing in mind. If my company does well, I get to keep working and there will be a fair share for me at bonus time. A bonus that's 500 times or even 10 times, the average worker's wage is company waste, just like so many CEOs. It's enertaining to see major CEOs, when pressured, don't have clue. They're no smarter than a local small businessman and in a lot of ways, the small businessman would get it right more times than they would. Normal small businessmen operate on survival instincts. Failure is not an option for most. As for the heads of the institutions that brought us this disaster, I hope to see you sociopaths selling papers and magazines on the street someday. Bonuses should be profit or no profit driven and shared equally throughout the enterprise. This creates an environment of stakeholder equity, all working with the same thing in mind. If my company does well, I get to keep working and there will be a fair share for me at bonus time. A bonus that's 500 times or even 10 times, the average worker's wage is company waste, just like so many CEOs. It's enertaining to see major CEOs, when pressured, don't have clue. They're no smarter than a local small businessman and in a lot of ways, the small businessman would get it right more times than they would. Normal small businessmen operate on survival instincts. Failure is not an option for most. As for the heads of the institutions that brought us this disaster, I hope to see you sociopaths selling papers and magazines on the street someday.

]]> By: josefina http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7273 josefina Fri, 21 Nov 2008 14:17:45 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7273 Limits!!!!. Of course. The modus operandi in the bank industry has to change, no more easy money at expenses of the public. I think the model presented for the USB bank is a good idea. Based on results the executives should be paid, if they get good results and profits to the company OK give them a bonus, in other way kick their ass. Sorry but I am fed up with this CEO, CFO that they believe they are God and at the end they are only dishonest people, trying to make money easy and fast without any respect for the consumers, for the investors, shareholders, they only care about their own bank account. If the company fails it is not their fault, and they leave the company with millions of dollars and leave a mess behind them. They should be penalized in some way Limits!!!!. Of course. The modus operandi in the bank industry has to change, no more easy money at expenses of the public. I think the model presented for the USB bank is a good idea. Based on results the executives should be paid, if they get good results and profits to the company OK give them a bonus, in other way kick their ass. Sorry but I am fed up with this CEO, CFO that they believe they are God and at the end they are only dishonest people, trying to make money easy and fast without any respect for the consumers, for the investors, shareholders, they only care about their own bank account. If the company fails it is not their fault, and they leave the company with millions of dollars and leave a mess behind them. They should be penalized in some way

]]> By: John Simpson http://business.blogs.cnn.com/2008/11/19/how-should-bonuses-be-determined/#comment-7264 John Simpson Fri, 21 Nov 2008 11:28:40 +0000 http://cnnibusiness.wordpress.com/?p=828#comment-7264 I really believe that bonuses should be carefully regulated. I really believe that bonuses should be carefully regulated.

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