[VG]Reagle wrote on Jul 30, 2020, 22:28:
So your saying you would give yourself a bigger bonus. You need to read animal farm.
Oh now slow down there pardner, I'm just a common plebeian. I'm saying that philosophically as the leader of anything, your job should be to enrich the thing you serve, not yourself. Rising tide lifts all boats and all that.
If I agreed with the idea of a publically traded company at all (I don't), then it would make sense to measure your worth by the worth of your company. Executive bonuses on-top of that is just perverse.
Reminds me of the real estate racket. Fuckers charge 6% of the sale price split between both firms. They couldn't care if your house goes for 500,000 or 510,000. They just want the commission on the sale. They aren't incentivized to get the best price for you.
These bonuses are so large they don't really care if they're doing long-term good or ill for the company, as their bonuses are worth 10x more than their salary. Have you seen the Matthew McConaughey scene of wolf of wall street?