Originally Posted by cologal

Our professions are very similar...my understanding of these bonuses were not retention bonuses but the regular bonus and represented a 100% of the 2007 bonus when the company was flying high. Did the UAW have a contract with GM, Ford and Chrysler? Have these companies gone into bankruptcy? Those would be a No. So if the AIG contract had to be honored then the UAW contract would also have to be honored.

As for me I had an agreement we my company if I took a position they wanted me to take, I didn't, then I would get a manager's bonus at the end of the year for the term of my employment. Last year they came to me and said to bad so sad but you have to give that up. This year the big guys got their bonuses and us little guys got nothing. Why because they expect a bad year for 2009 so no raises, the second time in 5 years, even though our raises were tied to the 2008 performance which met the gates. What did the managers get? 100% of their bonuses....

I believe we have finally uncovered the true elitists.... as the saying goes the rich get richer and the poor get poorer....