Originally Posted by
forgot to bid
I agree. It will be about risk tolerance.
If it was an even swap for rates and pay with a percentage still there, I don't think it'd be getting this kind of attention. I think the issue is if guaranteed is assigned more value where a W2 is lower with changes than without given the same profit.
I would be firmly against that as well.
WARNING: what is to follow is total conjecture.
Let's, however, say that our negotiators arrived at a total compensation package. After the agreement, management said, "Hey, all that profit sharing doesn't look all that great to Wall Street. How about we convert a bit of it to increased pay rates on a dollar-to-dollar basis, and keep the upside intact?"
I'd buy off on that in a New York minute. I can't think of any reason not to.
That's why IF profit sharing is touched, I'm going to look closely at it before setting my hair on fire and jumping off a bridge!