Now that bonuses are coming up does anybody expect to see a good one this year?
They cut a lot of percentage from people that “don’t matter”
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Offset by a pay rise ????? Most managers are on 30-60% of salary as an ICP bonus which can double depending on performance. VPs can earn 250-300K as salary and as much again as a bonus then there’s their share options and share incentives
And then there’s the presidents
https://www1.salary.com/Kirk-M-Shelton-Salary-Bonus-Stock-Options-for-NATIONAL-OILWELL-VARCO-INC.html
Wasn’t the drop in bonus partially or fully offset in nearly all cases by a pay increase? Better to have the guaranteed money I would think.