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Poll: You are the CEO.

amdhunter

amdhunter

Lifer
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
 
i make 300k, doesn't mean i'm going to be living outside my means. assuming i've been working for a few years and have $ saved up, and can cut my expenses, i'd give up my bonus to keep workers. depends though, it might make business sense to cut some workforce depending on the situation, but ideally i wouldn't like to lay off anyone.
 
Give up the bonus because I'd feel bad about it. $500k isn't unreasonable if your company is doing well, but in this economy and with the layoffs, not right to keep it.
 
Money is very very very important, people are disposable, I am amazed this is even a question. What if we agree to fire twice as many people can we really maximize this bonus.
 
If I were that guy I wouldn't jump at the chance to cancel my bonus and give everyone a raise, but if it meant laying people off instead of just giving them a little extra money I'd give it up.

Doing so does four good things (some don't help me that much, others do):

1. Worker morale is higher
2. Assuming the company doesn't technically need the extra people, the extras could be applied toward some other project that could grow the company and lead to higher profits in the future
3. Helps stimulate the economy
4. It's the right thing to do
 
If the company can do well without them, it depends how well. Business isn't a charity so if they aren't helping me any, show me the money.
 
Hell yes I'd take the money. I work to make money. The bonus would be a one time thing where as laying off the workers saves operational expense every single year adding company and shareholder value as well as improving profits.

No brainer. Cutting costs even further would probably mean a BIGGER bonus for me, so win/win.
 
Probably try to get the board to amend my contract to issue me company stock or options in lieu of the cash bonus.

Also conduct a 5% pay cut and implement hiring freeze for non critical positions.
 
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
Click to expand...

what that said, I will rid of them regardless of economy situation.
 
gotta look out for yourself number 1. if the roles were reversed, they would take the money too. the smartest play though, would be to do whatever was best for the stock, thereby guaranteeing you future years of bonuses as well. meaning, i would give up a bonus one year for a better chance of getting them in multiple future years
 
Originally posted by: ivan2
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
Click to expand...

what that said, I will rid of them regardless of economy situation.
Click to expand...

x2

And hand out bonuses to the people kicking ass.
 
The after tax take on 500k bonus is what, around 250k? Not worth it at the cost of 15+ employees. As tempting it would be, I would probably sacrifice the bonus and keep the employees. I'd get PR to release this info to the media outlets though so I'll at least get some good press coverage about what a nice guy I am. 😛
 
investors returns are more important than your money, and obviously those workers werent needed. you now make 100k, no bonus, workers fired.
 
Originally posted by: ivan2
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
Click to expand...

what that said, I will rid of them regardless of economy situation.
Click to expand...



the exact reaso nthe economy is failing.
somewhere some CEO must realize that no workers getting paid = no customers spending money. the more people with paying jobs, the more customers will have money to spend on your products.
the CEO's of the downsizing /profit maximizing era seem to have forgotten this... hence why our economy suxorz.

 
Originally posted by: sao123
Originally posted by: ivan2
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
Click to expand...

what that said, I will rid of them regardless of economy situation.
Click to expand...



the exact reaso nthe economy is failing.
somewhere some CEO must realize that no workers getting paid = no customers spending money. the more people with paying jobs, the more customers will have money to spend on your products.
the CEO's of the downsizing /profit maximizing era seem to have forgotten this... hence why our economy suxorz.
Click to expand...

same can be blame to those with a big savings account.
 
Originally posted by: amdhunter
Scenario:

You make $300k year, you are comfortable. Your job is not in danger for as long as you can work.

You have your yearly bonus of $500k coming up. You can either choose to take the bonus, or you can lay off an equivalent amount of workers, none of whom make more than $35k yearly.

The company can do well, with or without these workers.

What does the average ATOT'er do?

Me, I say screw them...show me the money.
Click to expand...

So you're asking if you'd keep $500k in deadweight payroll? RIF regardless of economic situation.
 
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