A commentary by Jayson Lowe criticizing organizations (specifically bankers/executives) for awarding large bonuses and automatic inflationary pay raises—citing an example of $20 million in bonuses—while many people nationwide struggle economically. Lowe questions the legitimacy and purpose of organizations that fail their mandates yet reward executives.
If anything, they should be paying some of the money they earn back, not getting more of it. Don't get me wrong. Like, I'm all for hey, you work for an organization. You're employed for a company, and that company is responsible to put food on your table. I get that you have a job. I'm sure there's people that are doing a great job there. But as an organization, if you can't meet the mandate of what you're trying to do, what's the point of your organization? Why are you even there? How is it that you're doling out $20 million in bonuses and pay raises also pay raises in there? So they're getting their inflationary pay raise each and every year, and yet people all over the country are struggling. It's totally crazy to me.
