Quote:
Originally Posted by pan6467
Instead what you are saying is, FUCK YOU workers, we're going to take all we can and when the company goes under..... too bad.
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That's what
you are saying. You've said it many times. But that is not what the executives are saying. A (public) company's #1 responsibility is to its sharholders, not its employees. If it wasn't for the shareholders the company would not have the capital it needs to hire those employees in the first place. The fact of the matter is, a good executive can change the share price of its company by being hired or fired. Just last week the AOL executive who pioneered instant messaging left his position to start a new job in january at an investment venture capital firm. AOL's stock fell on the news. Companies give bonuses as incentives to top executives to stay because their presence affects the price of their shares. Now I'm not saying no executive ever got a bonus that didn't deserve one, but for the most part that is the logic and reasoning behind giving executives bonuses, whether you agree or not.