http://www.nytimes.com/2009/02/19/business/economy/19bonus.html?_r=3&hp
only half of what he got last year... poor guy.
only half of what he got last year... poor guy.
Anthony Abraham, 33, a management consultant in Chicago, is already figuring he will not be buying a new car, and has canceled a trip to Paris and will be paying back less than planned on his student loans.
I guess it's all relative, but you won't get much sympathy I reckon. He'll just have to stay with the BMWer or the Lexus.
Last year, his bonus was around $50,000. This year, it will be half that amount, he figures, give or take a few thousand.
“It makes a real material difference,” said Mr. Abraham, who has a $135,000 base salary. His bonus has typically gone to basic lifestyle maintenance, not frivolity, he said, adding, “It’s not the kind of money where I could head down to the Ferrari dealership.”
LOLAt the Silicon Valley Auto Group, a dealership in Los Gatos that sells Rolls Royce, Bentley and Lamborghini cars, the least expensive costing $60,000, the sales manager, Matthew Griffin, said he was not expecting the usual bonus-generated bump in sales. But that is not entirely because his clientele cannot afford to buy.
“Is it the politically correct thing to do when you’re consolidating offices and laying off people to show up in a new $400,000 car?” he asked.
the winnipeg sandbox » winnipeg sandbox.. » business... » this poor poor man is getting a much smaller bonus this years
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