Exactly. Salary is probably better for the company anyway since too often bonuses are paid on short-term profits with no regard to long-term profits.
************************************************* Join the OBAMA RESISTANCE MOVEMENT! http://www.cafepress.com/rightwingmike/6181419 --- On Wed, 6/24/09, Stephen Russell <[email protected]> wrote: > From: Stephen Russell <[email protected]> > Subject: Re: [OT] Citigroup boosting salaries to make up for reduction in > bonuses > To: "ProFox Email List" <[email protected]> > Date: Wednesday, June 24, 2009, 5:34 PM > On Wed, Jun 24, 2009 at 4:06 PM, MB > Software Solutions, LLC < > [email protected]> > wrote: > > > > > http://www.foxnews.com/politics/2009/06/24/citigroup-boosting-salaries-offset-lower-bonuses/ > > > -------------------------------- > > Spoke to two of those "bankers" at their wedding last Oct. > when they were > both employed and afraid. > > They are both Wharton grads where they met a few years > ago. > > Anyway they said that typical salary was not great, but the > bonus made it > all worthwhile. > > So if the bonus is struck who could afford to live there > and pay to commute > for an atypical job/pay? > > What can the banks do who are faced with TARP rule(s) but > give real > compensation over the year instead of the heavy bouns that > was 2x your > salary for low production people and 10x for real > producers. > > > -- > Stephen Russell > Sr. Production Systems Programmer > SQL Server DBA > Web and Winform Development > Independent Contractor > Memphis TN > > 901.246-0159 > > > --- StripMime Report -- processed MIME parts --- > multipart/alternative > text/plain (text body -- kept) > text/html > --- > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: http://leafe.com/mailman/listinfo/profox > OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[email protected] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. > _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
