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Mar 12, 2023
10:17
:13
am
NorCal_Coug
All-American
Not to folks with an axe to grind.
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NorCal_Coug
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NorCal_Coug
Joined
Mar 17, 2005
Last login
May 6, 2024
Total posts
4,882 (266 FO)
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Messages
Author
Time
SVB…so shady
Borg
3/12/23 9:57am
They’ll most likely be clawed back
Turnpike Lane
3/12/23 9:58am
Executive bonuses maybe. Rank and file employees, not so much
LaserCoug
3/12/23 10:25am
Someone said the bonuses were paid at the same time last year
Charles Darwin
3/12/23 10:00am
If its anything like my employer, bonuses take about a month between when they're announced and when they're paid
HuskerFan2
3/12/23 10:05am
Even well in advance the players knew the Yewt was hitting the fan
kotacoug
3/12/23 11:14am
March is a pretty common time for bonuses
novacoug1
3/12/23 11:15am
This is an annual bonus paid every yr at this time. Part of their regular comp
Tare
3/12/23 10:02am
Agree on bonuses. Need more info on stock selling
johnnybyu
3/12/23 10:04am
Agree but $5M isn’t much. Guessing it was part of a sales plan.
rivercitycoug
3/12/23 10:14am
Right which is why we need more information like how often this happens
johnnybyu
3/12/23 10:16am
Context matters.
Ron Mexico
3/12/23 10:09am
Not to folks with an axe to grind.
NorCal_Coug
3/12/23 10:17am
Failing companies shouldn't be paying bonuses, regular timing or not.
Grit for Brains
3/12/23 10:13am
What if it’s your company and you had no idea of default or failure?
Ron Mexico
3/12/23 10:16am
That depends on how the bonus program is set up
CBaass
3/12/23 10:16am
Bad timing? Lol! They knew they were going down yet they give out bonuses? Come
Jdoc
3/12/23 10:14am
This is a company with over 6000 employees. Do you know how payroll works for a
Tare
3/12/23 10:27am
I think the CFO and CEO have a responsibility to cancel said bonuses
Borg
3/12/23 10:33am
You don’t mess with earned employee payroll
Ron Mexico
3/12/23 10:37am
Payroll yes. Bonuses are not mandatory…it’s a “bonus “
Borg
3/12/23 10:47am
If it’s earned and in writing
Ron Mexico
3/12/23 10:51am
I just told you, I’ve had two companies pull them off because of a down year
Borg
3/12/23 11:36am
Almost all bonuses have an out clause. Just signed Retention bonus paperwork
LaserCoug
3/12/23 12:09pm
Does that absolve them of any accountability?
RockyBalboa
3/12/23 10:36am
💯% this.
gopman
3/12/23 1:09pm
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