Having listened to and read about AIG and Nortel over the last few days I have become aware that in some sectors of society it is totally normal to pay someone a bonus simply so that he or she does not go looking for a different (presumably better paying) job. Interestingly, such a bonus can be paid even if you were part of the team that ran the company to the brink of bankruptcy there fore requiring a government bailout.
So I guess the only question remaining is how much I should ask for as my retention bonus?????
;)
With the problems they have had you would think they would be giving them an incentive to leave rather than stay!!!
ReplyDeleteI think the finance committee would be collectively clutching its chest and gasping at the very thought of a retention bonus. On the other hand, if they want you to stay.... :)
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