this post was submitted on 19 Apr 2024
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[–] sin_free_for_00_days@sopuli.xyz 13 points 4 months ago (2 children)

That comes out to abnout $87,000 per employee. I'm sure those lower pay scale employees who really appreciated that were happy to get...oh, wait. What's that? Of that amount, a total of $11,276,700 was handed out as bonuses to BDC’s top 10 executives. of course, give money to those that least need it. Yay capitalism.

[–] prodigalsorcerer@lemmy.ca 3 points 4 months ago (1 children)

Of that amount, a total of $11,276,700 was handed out as bonuses to BDC’s top 10 executives.

Is that a problem? $11M out of a pool of $250M doesn't seem ridiculous. That still leaves over $80,000 per employee.

I think $1 million bonuses are unconscionable.

Also, $11 million to the top 10 vampires. It's not like from that point on it was all shared equally. I wonder what was left after the rest of the worthless executives got their blood money. Nope, shit like that is always in favor of further wealth distribution from the lowers.

[–] OccamsRazer@lemmy.world 1 points 4 months ago (2 children)

Isn't that more of a general corrupt government thing as opposed to a capitalism thing?

[–] psvrh@lemmy.ca 2 points 4 months ago (1 children)

No, it's a capitalism thing, because the same thing happens in private industry with depressing regularity: labour actually delivers the value, and capital takes the credit and thusly the rewards.

Case in point.

[–] OccamsRazer@lemmy.world 1 points 4 months ago

I agree that those are good examples of the weakness of capitalism, but the original post is more about government corruption since it is a government-owned company.

Tomato, tomato at this point.