How come I’m not a bigwig exec at Goldman Sachs? Where did I go wrong? I could use a share of $16 billion.
“Surging stock and bond markets, coupled with an unprecedented level of takeover activity, has turned the big investment houses into corporate cash machines. It is also delivering stratospheric bonuses to top employees, with Goldman Sachs Group Inc. doling out a staggering $16 billion this year.” (Washington Post)
$16 billion with a B in bonuses. In bonuses. That’s obscene.
Are Christmas or year-end bonuses the norm? I work for an organization that is governmental, i.e. non-profit so we don’t get any bonuses, be it Christmas, year-end or the Easter Bunny’s birthday.
In my first job, many many moons ago, our Christmas bonus was a week’s gross pay. But I’ve been out of the real for-profit world for so long, I can’t remember what a bonus feels like. Except for maybe the daily bonus of blogging half my day away and knowing that absolutely nobody cares…heh heh
3 comments:
I do not get a Christams bonus...
However, at the end of February, we have our incentive plan (which is just another fancy word for bonus)...which equals approx. 2 weeks of pay.
At the same time, you non-corporate person might not know what it's like to have a bonus, but remember, you also have no idea what it is to have head cuts and to work month to month wondering if your department will be slashed or eradicated. Most people would gladly trade in their bonus or incentive plans for complete job security.
JAW fan
If you get your head cut, there's an opera company in Berlin that has a job for you.
in the settlement/esl non-profit world, there are also no bonuses
we work for loooooovvvve, baby
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