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8. Re: Out of the Blue Nov 29, 2012, 11:17 Beamer
 
Creston wrote on Nov 29, 2012, 11:08:
nin wrote on Nov 29, 2012, 10:56:
I'm amazed they'd ask for more money now...talk about out of touch.


I love how in executive land, the bonuses are now necessary to "keep the executives motivated."

THEN WHAT ARE YOU BEING PAID A FUCKING SALARY FOR??

We should just shoot every executive in this country. We'll name it "Let's stop wasting 900 trillion dollars on useless cuntsacks" day, and we all go out and just shoot every executive we see. Imagine how much better shit would be without all the money being wasted on those fucking assholes.

Creston

No, in this case it's kind of valid.
Think of it this way, Creston: you're an executive at a company that is going out of business. They ask you to stick around for a year to help wind it down.

What do you do? You update your resume, call a headhunter, and take the next job offer to come your way.

These guys will not, under any circumstances, stick around. It's a bad decision. The only way to get them to do so is to overpay them to do what is ultimately a waste of their time, especially considering that they could find themselves unemployed for a long time afterwards and it's hard to convince them not to job hunt immediately to lessen that risk.



Everything else they've done, though? The constant CEO shuffle? The constant pay raises? The blaming of the union when that was only a part of the issue, and the union had taken cuts before? Yeah, all scummy. This is a company that was pretty much mismanaged and raided.
But overpaying people to shut it down is an unavoidable reality. It's not about "keeping them motivated," as you say, it's about keeping them in that job as long as they are needed. They aren't some kind of indentured servant - they're free to leave whenever, and a smart employee would leave asap and have no gap in salary. Just imagine you're the IT guy there, or whatever job function you have. Would you plan to be there until the end? God no, you'd have called everyone you know about a new job long ago. If they asked you to stay, because IT is something necessary, would you do it? Again, god no, because you don't want to be unemployed and staying guarantees some time of that. So what could possibly motivate you to stay until you're no longer needed, during a time that you're critically needed and desperate to go?
Money. Lots and lots of money.
 
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