December 8, 2017
It’s an old story: Bankrupt company—in this case Toys“R”Us—pays millions in bonuses to executives if they make sales goals during the holiday season. The bonuses are to encourage them to give it their all to make the goals, and so that they won't jump ship during the crisis.
They’re obviously not doing that hot a job in the first place, so who cares if they jump ship? And why aren’t they giving it all they’ve got anyway? They’re already making over $1 million per year.
Do they get paid that much just for showing up?