Comments on: Who needs a bonus? In fact, who needs pay? http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/ A daily look at life on the job by TIME's Lisa Takeuchi Cullen Thu, 03 Dec 2009 16:34:17 +0000 http://wordpress.com/ hourly 1 By: ladawncp http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-152 ladawncp Wed, 26 Nov 2008 17:54:10 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-152 Goldman Sachs execs not only need to give up their bonuses, they need to give up their pay for a bit and their bonuses for a very long time (until they can demonstrate an understanding that what they did was wrong, very wrong). They were so wildly over compensated that their business went bust. And their bonuses and pay was made up of our money. And they lost it all. Give it back and give it back now! Goldman Sachs execs not only need to give up their bonuses, they need to give up their pay for a bit and their bonuses for a very long time (until they can demonstrate an understanding that what they did was wrong, very wrong). They were so wildly over compensated that their business went bust. And their bonuses and pay was made up of our money. And they lost it all. Give it back and give it back now!

]]> By: wrdprscommentr http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-143 wrdprscommentr Tue, 25 Nov 2008 21:50:34 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-143 "Psychic income".?!?!?! In the spirit of the holidays... BAAAAAAHUMBUG! LOL! (The article is somewhat confusing, as it bounces back-n-forth between speaking of bonuses and raises, which are 2 different animals) So on with my comment... Who's a good little worker? I am! I am! I'm a good little worker! So could I use some genuine praise now and again? Absolutely! However... I, like many, need and rely on receiving those holiday bonuses. So, employer, THANK YOU for thanking me in a tangible and most useful way. Keep 'em coming please. "Psychic income".?!?!?! In the spirit of the holidays... BAAAAAAHUMBUG! LOL!

(The article is somewhat confusing, as it bounces back-n-forth between speaking of bonuses and raises, which are 2 different animals) So on with my comment...

Who's a good little worker? I am! I am! I'm a good little worker! So could I use some genuine praise now and again? Absolutely! However... I, like many, need and rely on receiving those holiday bonuses. So, employer, THANK YOU for thanking me in a tangible and most useful way. Keep 'em coming please.

]]> By: gmalcolms http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-142 gmalcolms Mon, 24 Nov 2008 17:50:59 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-142 I would be more impressed if the GS execs returned their bonuses (boni?) from previous years, too. Afterall, they were paid based upon an overassessment of their profitability. I would be more impressed if the GS execs returned their bonuses (boni?) from previous years, too. Afterall, they were paid based upon an overassessment of their profitability.

]]> By: dixbdert http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-139 dixbdert Mon, 24 Nov 2008 12:03:54 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-139 Looks like everyone is kind of missing the point. If you use praise as a motivator, you get an increase in performance. If you use pay as a motivator, you don't. So my take would be praise to motivate, pay a bonus or a raise to reward (and pay the bills) but then keep praising. Kind of a no brainer actually. Looks like everyone is kind of missing the point. If you use praise as a motivator, you get an increase in performance. If you use pay as a motivator, you don't. So my take would be praise to motivate, pay a bonus or a raise to reward (and pay the bills) but then keep praising. Kind of a no brainer actually.

]]> By: wrangler4x4 http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-138 wrangler4x4 Mon, 24 Nov 2008 01:59:02 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-138 Praise only-no Praise and pay-yes Pay only-yes Praise only-no
Praise and pay-yes
Pay only-yes

]]> By: Top Posts « WordPress.com http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-137 Top Posts « WordPress.com Sat, 22 Nov 2008 00:39:43 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-137 [...] Who needs a bonus? In fact, who needs pay? Goldman Sachs’ top executives recently made the news for refusing to take bonuses this year. Hear that? [...] [...] [...] Who needs a bonus? In fact, who needs pay? Goldman Sachs’ top executives recently made the news for refusing to take bonuses this year. Hear that? [...] [...]

]]> By: gradstudentlife http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-136 gradstudentlife Fri, 21 Nov 2008 19:32:14 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-136 I like the praise and the bonus. I'm SO impressed by the execs offering not to take their yearly bonus. My, it would be more impressive if the execs stood up and said "Don't pay us for a couple of years". I'm sure they would all survive just fine. I like the praise and the bonus. I'm SO impressed by the execs offering not to take their yearly bonus. My, it would be more impressive if the execs stood up and said "Don't pay us for a couple of years". I'm sure they would all survive just fine.

]]> By: lisacullen http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-135 lisacullen Fri, 21 Nov 2008 16:12:52 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-135 Now I'm hungry. Now I'm hungry.

]]> By: claudiaallen http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-134 claudiaallen Fri, 21 Nov 2008 14:58:03 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-134 I often give my dog a biscuit when I praise him. He likes them both. I do too. I often give my dog a biscuit when I praise him. He likes them both. I do too.

]]> By: prklypr http://workinprogress.blogs.time.com/2008/11/20/who-needs-a-bonus-in-fact-who-needs-pay/comment-page-1/#comment-117 prklypr Thu, 20 Nov 2008 21:35:27 +0000 http://workinprogresstime.wordpress.com/?p=111#comment-117 correction: lavish praise IS OK correction: lavish praise IS OK

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