LogFAQs > #914220717

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TopicSears bankruptcy court OKs $25 million in bonuses for top execs
Bio1590
12/16/18 1:38:12 PM
#16:


Ruvan22 posted...
wackyteen posted...
Tmaster148 posted...
The retailer successfully made the case that it needs to give employees a financial reason to stick around

Too bad company loyalty died a couple decades ago


I don't know a lot about business, but what was the reason given for WHY they needed the exes to stick around?

The reason is always "We need these people to guide the company through these times" so they throw a shitload of money at them to not jump ship to another company even though said people are generally the reason the company is where it is.

The lower-level employees just get shafted.
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