Bonuses
02-07-2018, 05:09 AM
#13
Banned
Joined APC: May 2017
Posts: 733
I loved the response to whether we are going to get the tax cut bonus nearly every Fortune 500 company is giving. "It's better for everyone if we reinvest that into the company, which gives better bonuses and higher compensation, and growth for everyone". Oh, but we're taking your bonus to a tiered system which is rigged to never hit the top tiers. And management compensation isn't changing. Oh, and the company is bloated and inefficient, and we need to tighten the belt.
All as Maury dumps stock.
With a very coy "We aren't planning any mergers, but we wouldn't know if someone was looking at us"
Here comes the bee.
All as Maury dumps stock.
With a very coy "We aren't planning any mergers, but we wouldn't know if someone was looking at us"
Here comes the bee.
02-07-2018, 05:16 AM
#14
Gets Weekends Off
Joined APC: Sep 2006
Posts: 926
Originally Posted by ecam
I loved the response to whether we are going to get the tax cut bonus nearly every Fortune 500 company is giving. "It's better for everyone if we reinvest that into the company, which gives better bonuses and higher compensation, and growth for everyone". Oh, but we're taking your bonus to a tiered system which is rigged to never hit the top tiers. And management compensation isn't changing. Oh, and the company is bloated and inefficient, and we need to tighten the belt.
All as Maury dumps stock.
With a very coy "We aren't planning any mergers, but we wouldn't know if someone was looking at us"
Here comes the bee.
All as Maury dumps stock.
With a very coy "We aren't planning any mergers, but we wouldn't know if someone was looking at us"
Here comes the bee.
02-07-2018, 05:42 AM
#15
Gets Weekends Off
Joined APC: Apr 2013
Posts: 1,181
Originally Posted by sqwkvfr
You know, EVERYONE is hiring. Feel free to try your luck....if for no other reason than to spare the rest of us from your sophomoric posts.
02-07-2018, 08:33 AM
#17
Banned
Joined APC: May 2017
Posts: 733
Originally Posted by sqwkvfr
You know, EVERYONE is hiring. Feel free to try your luck....if for no other reason than to spare the rest of us from your sophomoric posts.
Originally Posted by sqwkvfr
Thank Christ for that.
Telling people to leave who don't agree with you is always a mature response also.
Go play. The adults are talking.
02-07-2018, 12:39 PM
#18
On Reserve
Joined APC: Jan 2017
Posts: 14
Originally Posted by sqwkvfr
You know, EVERYONE is hiring. Feel free to try your luck....if for no other reason than to spare the rest of us from your sophomoric posts.
02-07-2018, 01:48 PM
#19
Voice of Reason
Joined APC: Jul 2014
Position: Uncomfortable
Posts: 481
Originally Posted by ecam
I loved the response to whether we are going to get the tax cut bonus nearly every Fortune 500 company is giving. "It's better for everyone if we reinvest that into the company, which gives better bonuses and higher compensation, and growth for everyone". Oh, but we're taking your bonus to a tiered system which is rigged to never hit the top tiers. And management compensation isn't changing. Oh, and the company is bloated and inefficient, and we need to tighten the belt.
All as Maury dumps stock.
With a very coy "We aren't planning any mergers, but we wouldn't know if someone was looking at us"
Here comes the bee.
All as Maury dumps stock.
With a very coy "We aren't planning any mergers, but we wouldn't know if someone was looking at us"
Here comes the bee.
I'll reserve (final) judgment on the new system until I see what the four metrics are that we have to meet. However, my pessimistic cynical side is already preparing for never or rarely seeing a 5% contribution again. Sad that they didn't just add .25% for reaching each metric (incentive to do better and keeps the max at 6%).
As far as the bonus goes, I was one of those 23 that asked, though I'm betting mine was probably less antagonisticly worded than most. Just thought it was funny that its better to reinvest it all in the company instead of a one time payout. Like SWA is going to give out bonuses this year and forget to invest anything into the growth of the company... GMAB...
02-07-2018, 01:54 PM
#20
Voice of Reason
Joined APC: Jul 2014
Position: Uncomfortable
Posts: 481
Originally Posted by chickenorbeef
I see nothing wrong with ecams post. Nothing more than pointing out that Allegiant chooses to squander a goodwill gesture that most other companies are doing. Especially considering they like to tout how profitable they are every quarter as they squeeze out another double digit profit while most airlines are lucky to have a single digit profit. So increased tuition reimbursement.....great for the few that will take advantage of it. A tiered system for espp.....what is it about those tiers? Once again this will be a limited payback for the few who can max it out to truly benefit. The rest of it? Somebody got theirs, I guarantee it, and its not the average employee.
It's our profit sharing that is going to be tiered (company contribution) based on meeting four metrics. Stand by... could be a 0%, 0%, 3%, 5% (what we get now) or 6% contribution depending on how many metrics we hit. But it takes hitting 3 of 4 metrics just to keep our 5%.
Thread
Thread Starter
Forum
Replies
Last Post
