Thursday, May 14, 2009

He Got A Bonus For What Exactly?

That's what I'm asking after hearing that the chief HR professional at Freddie Mac will receive a $1.3 million bonus according to Workplace HR & Safety (H/T Jennifer). Where is the outrage over this? I'm not saying that he didn't have a challenging task of "managing and retaining a workforce of a company that had been seized by the federal government", but because they had been seized by the federal government, shouldn't he have not received that large of a bonus? Shouldn't this agency be held to the same standards as, well, the banks whose executives all (deservedly) took huge pay and bonus cuts? Seems a little incongruous to me.

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