Quote:
Originally Posted by KSig RC
The thing is, these "bonuses" are usually a guaranteed part of compensation in firms like these - usually with a "bonus minimum" with the ability to go above that due to earnings.
This isn't a "reward" - even if the guys sucked, this is how it works in that field.
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I apologize for not knowing how the bonus structure worked.
It still doesn't seem unreasonable that someone with knowledge of how things worked in the field couldn't have attached stipulations to their receiving the money.
Maybe the companies could have renegotiated contracts with their employees. Surely the employees couldn't have expected the contracts to be honored in bankruptcy, and we're we lead to believe that was what was looming for them if they didn't get the money, right?
Maybe you are right and the employees could have sued for breach of contract, but it seems kind of unlikely under the circumstances.
ETA: who expects to keep drawing the same salary when the company is on the verge of going under?