How are they trying to cook this up? The banks are now agitating for re installing bonus systems for the employees of their private banking and corporate banking divisions. Now it is great if bonus systems are available for employees, but when implementing those some basic questions must be answered. What are we rewarding? Remember, [...]

I’ll never forget the CEO who shouted out loud, “What, why should these people be paid bonuses? They already get a salary to do their job”. The same CEO who stood in line to cash in hundreds of millions in a bonus system called stock options. On top of a monthly salary of 16 of [...]