Lets say we all work in an auto plant. You run the pickup truck line and another guy runs the 4 door sedan line. The pickup truck line is fabulously successful and sells out every unit you can build. The 4 door sedan line has all kinda problems, shut down half the time, and cant sell much of what they do get out the door.
Between the two lines the company's bottom line is a big loss. Do you want YOUR bonus and compensation limited/restricted because of the problems the company has on the 4 door sedan line, which you are not in charge of?
Thats whats going on at AIG, they sell a LOT of different financial and insurance products and many of them are VERY profitable. Those producers need to be compensated for their accomplishments. The bonuses were part of their compensation agreement. Instead of just paying them $XXXXXX dollars up front, part of it is held back and they only get it if they produce a certain result.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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