Quote:
Originally Posted by dyna mo
the bonuses are retention bonuses so the recipients don't leave with their client lists. the bonus is not tied to performance in any way.
moreover, the bonus recipients are all from the cds trading wing of aig, the ones responsible for the epic fail.
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if they were retention bonuses why did 11 people that got bonuses leave? if i was giving retention bonuses out, id want something in the contract that prevents them from leaving for a period of time.
and they may be in the trading wing, but if i have a sales team, a few of them are going to be amazing sellers and few shitty ones, and everything in between. just because the division as a whole did poorly does not mean there were not people that contributed significantly to achieving its goals, and get rewarded as such.