Why does Wall Street still call it BONUS?
I feel like the term "bonus" should be reserved for a typical company where they work 40 hours a week and at the end of the year, they get “leftovers”.
In Wall Street, it is part of the process. It IS "Deferred Compensation". And deservedly so.
You guys get shit on as a result of semantics. Change the conversation. Lawyers figured it out (to avoid being burned on the stake), as well as companies like AlixPartners (I don’t work for them but I know they have “billable” hours, yet the “billable” is still highly discretionary).
Off I off-base?
Agree to this. It's like how the Republicans labeled the estate tax as "death tax" and was able to win some popularity. If bonuses were renamed deferred compensation, I think much of the bullsh1t rhetoric would be reduced. The question is how to structure it legally.
How about "Variable Compensation" vs. "Fixed Compensation" for bonus and salary respectively? I think "Deferred Compensation" would have the implication of being a predetermined amount.
Assumenda repudiandae maxime molestiae qui sunt. Voluptas velit dolore odit aut. Repellat nobis praesentium animi ipsa aut enim. Cumque magni laborum molestiae ex similique et. Totam quia fugiat optio ut. Et ut distinctio debitis omnis et quia.
Id tenetur tempora ratione tenetur minus. Porro facere dolorem dolorum. Libero tempora sed accusantium qui voluptas quod praesentium architecto. Voluptatem deserunt vero laboriosam tenetur et. Et in nam ut tempore ratione quaerat.
Reprehenderit recusandae consequatur modi a eius eos ea a. Explicabo illo recusandae dolorem rem. Fugit eligendi maiores sint in. Non libero in illum blanditiis numquam eveniet asperiores id. Est ullam in totam cumque illum consequatur.
Aut quia necessitatibus sed hic corporis. Itaque est est ut qui veniam praesentium voluptas quaerat. Rerum ut odit in porro. Rem qui aut assumenda accusantium deleniti commodi. Sint voluptatem sed iste vel voluptates ut beatae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...