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b_b · 2950 days ago · link · · parent · post: Deutsche Bank Said to Weigh Alternatives to Cash Bonuses
Aren't bonuses supposed to be for performance? And not just individual performance but group performance? A bonus id basically a dividend, and there is no dividend if the company is bleeding money. This is ridiculous. Why are bonuses just expected in finance and nowhere else? I can't stand the argument that you lose good people when you don't pay the best. If you had the best people, your company wouldn't suck balls in the first place. Finance needs a big reckoning, one they apparently didn't have in 08-09 when it looked like the case. I don't want to live through that pain again, but somehow banking needs to return to being a relatively boring but stable industry that provides a good upper middle class income.