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Would You Cut Your Bonus to Aid Your Firm?

So the market's rocky and financial giants are taking billions of dollars in write-downs. Would you trade part of your bonus for better job security?

We asked eFC users whether they'd take a smaller bonus in order to help their firm. The results:

- Absolutely - 9.5 percent

- Only because I have to - 22.9 percent

- I worked, I earned - I expect a full bonus - 53.5 percent

- What happens, happens - 14.1 percent

We're not really surprised by these responses. In fact, they make a certain amount of sense to us. But what do you think - You may have worked hard, but if your bank's s got a sub-prime mortgage problem, do think bonus time is going to as happy this year as it was in 2006? Let us all know...

author-card-avatar
AUTHORMark Feffer Insider Comment
  • as
    ashu
    11 December 2007

    i think bonus is just a part of firm's profit and if needed then firm can cut down little bit to raise the fund to grow further.

  • ma
    mattyboy
    5 December 2007

    Not a chance....typically bonus has been so far behind industry / NY standards that I feel the need to catch up...If we experienced such a bad year that coworkers would loose their jobs then I would reconsider.

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