You think the problem is we don’t have Retention bonuses?

[OddBeMe]

Like, thanks for staying 20 years…

Yes that’s what’s wrong with the economy

No, idiot.

Other

[goaded]

In my first job, a colleague celebrated 25 years with the company. He got, drum roll... £100. That was probably the day I decided not to stay with that company. (It was less than a week's pay for a student during their summer vacation, even then.)

I wasn't too happy with their declared payment structure where they had published pay ranges for various grades, but quietly gave some people, say, grade "4.99", which paid over the "top" amount for a grade 4. Even though I was one of those people, it felt dishonest.

[goaded]

What's wrong is companies not keeping existing employee's salaries up with new employees. Pay everybody well, and you won't have a problem.

Of course, the health care system in the US still keeps people trapped in jobs they do not enjoy.

[OddBeMe]

Yeah, and if your skills keep being lucrative I think companies do. But that’s always been an issue in America. Skilled labor ain’t our thing…

[Sevenpointfive]

the problem is those bonuses don't go to retention anymore. they go to supervisors and management

[provokeesmokee]

It isn't what's wrong with the economy but definitely it contributes to income inequality.

CEOs get retention bonuses. They shouldn't - they shouldn't earn as much as they do, either. That money should be redistributed to increase wages across more employees.

[OddBeMe]

Yeah I mean they’re paid bonuses by doing a “good job”…not so bad. But that good job is cutting employees and benefits and using govt money to buyback stock. That’s bad.

[GOLDFISH_smile]

The problem is you shouldn't need bonuses to start or stay at a job. You should have decent fucking pay so that bonuses are just bonuses, not deal makers or breakers.

[OddBeMe]

Sure. But honestly a healthy economy is actually a competitive workforce. So both good salaries and bonuses are a good thing. But I get what you mean. Agreed.

[Anonymous]

When labor is cheap they don't have to worry about it. Always someone who needs the money just crossed the boarder.

[OddBeMe]

Actually no. We’re talking American citizens, mostly unskilled, maybe inexperienced grads.

[gorydetails]

Don't you get more vacation as a result of staying with a company?

[OddBeMe]

Perhaps. Perhaps not. I’m sure it depends. But unions did get us paid vacations, fyi.

[gorydetails]

Perhaps not? So you’d stupidly stay at a company that never increased your vacation?

[OddBeMe]

No I started my own dickless.

[gorydetails]

Your own dickless what?