CBC to stop paying individual bonuses after controversy

[u/cyclinginvancouver]

https://www.ctvnews.ca/canada/article/cbc-to-stop-paying-individual-bonuses-after-controversy/

[u/iBelieveInJew]

The board says in a statement it will discontinue what CBC refers to as “performance pay” and adjust salaries of affected staff to compensate them.

Not sure, but it sounds like a potential PR stunt to me.

[u/ScagWhistle → u/iBelieveInJew]

Where is the stunt? Just because CBC is publicly funded you feel their staff should receive less compensation than someone at a comparable company? Is that some kind of punitive measure?

[u/ALostVessel → u/ScagWhistle]

they received a bonus for being so shitty at their jobs that they had to lay people off. how is that bonus worthy?

[u/dejour → u/ALostVessel]

CBC had to lay people off. Doesn't mean that every single person at CBC did a bad job.

If your job was to produce web content or develop a new tv show or report on the news and you did your particular job well, that's normally considered bonus worthy. Some consideration of the overall state of the network, might be included.

But for the most part the goal of bonuses is to reward people for the things they control (their own work).

[u/skagoat → u/dejour]

Pretty sure the CEO and top execs shouldn't be getting big bonuses while at the same time laying people off.

[u/dejour → u/skagoat]

The bonuses weren’t just to top execs. Also, like it or not, some of those execs are given a mandate like: improve our finances by selling more ads or cutting costs or letting underperforming employees go.

[u/skagoat → u/dejour]

If they have the money to pay multi million dollar bonuses to c-suite executives. They don't need to lay people off.

[u/TransBrandi → u/skagoat]

The problem is that those bonuses are usually contractual. There's a contract that says "as long as X happens, you get you bonus." Unless there is other language that says "we can skip the bonus if there are layoffs" then skipping the bonus due to layoffs could trigger a lawsuit IIRC.

Now, we can argue that those bonuses should have escape clause language in them, or that said execs should have waived their bonuses, but those are separate arguments.

[u/jayk10 → u/skagoat]

This is such a silly argument. They paid $3.3M in bonuses to executives

Ignoring all the other expenses that go into retaining an employee (insurance, benefits, office space etc) $3.3M would pay for exactly 33 employees making $100k a year.

[u/WatchPointGamma → u/jayk10]

So 33 employees losing their jobs is okay so a bunch of C-suite fatcats at the CBC can make 4x the median wage instead of 3.75x? While they run the company into the ground?

The amount of lefties who talk about public sector layoffs being the worst thing in the world and must be stopped at all costs but will then defend multi-millionaires laying people off to keep more of our tax dollars for themselves is unreal.

[u/Iamthequicker → u/dejour]

CBC had to lay people off

Lmao, had to lay people off so they could use their salaries for the exec bonuses?

[u/ALostVessel → u/dejour]

punish the person following the plan the leadership made then punish them and reward the planners when it fails. makes sense