Your solution seems better than most that I've heard.
I'm not sure what sorts of employees are getting all of these bonuses, but assuming it's a cross section of the company there are people at the bottom who likely could really use the extra money. Most of the remedies proposed in letters to the editor would hurt these people the most, so I hope that if any action is taken it focuses on the obscene bonuses not the fact that people are getting bonuses.
One possible solution off the top of my head is to cap the bonuses at $50k (or some other figure) per person. That would cut the overall cost of the bonuses by a fair bit, but still make sure that the people at the bottom get their full bonus.
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timeasmymeasure
no subject
Date: 2009-03-17 11:03 pm (UTC)I'm not sure what sorts of employees are getting all of these bonuses, but assuming it's a cross section of the company there are people at the bottom who likely could really use the extra money. Most of the remedies proposed in letters to the editor would hurt these people the most, so I hope that if any action is taken it focuses on the obscene bonuses not the fact that people are getting bonuses.
One possible solution off the top of my head is to cap the bonuses at $50k (or some other figure) per person. That would cut the overall cost of the bonuses by a fair bit, but still make sure that the people at the bottom get their full bonus.