Quote:
Originally Posted by Bobblehead
How many O&G retention bonuses have been paid around here until recently?
He was probably asked to work for $1, and if he stuck around for the year he would be paid as a retention bonus. Maybe it should have been called back pay.
But to have a gov't bill passed specifically to claw back an amount that was contracted before any of this mess ever began just strikes me as unjust.
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The government DID screw the pooch on the handling of it for sure, I can agree with that. And it has made things more complicated and in some instances unfair.
But IMO a company that is being bailed out has no right to be paying that kind of money in bonuses (or salaries for that matter) when they are the company in the middle of the problem. It doesn't matter what department it is. The company screwed up. The company ROYALLY screwed up. We're not talking a small mistake. We're talking a mistake with international ramifications! Too bad for it's employees.
Maybe the government should have just let it die.