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What’s the difference if it’s going to harm the company that BEAT the Unionistas and saved the managers’ jobs?

If there was a contract signed that they would get bonuses, that’s one thing but according to this article, Brunswick just ‘promised’ them bonuses based upon a ‘self-funded bonus program’...whateverthehell that is, LOL!

We shall see. That company has taken so many hits, it’s doomed anyway. All manufacturing has been sucked dry by the unions in our state, it’s amazing we can produce a No. 2 pencil in this country without them costing $50.00 each, let alone something really needed...like an outboard motor...for boats that no one is buying because manufacturing is so screwed up in great part due to the unions.

It never ends! *Rolleyes*

I have installed incentive programs in many companies, and it works at all levels. In one case a bank owned the company, and the company had earned 0 profits for the last 4 years. I went tot he bank and said would you be willing to give 40% of the profits to the employees? Yeah why not 40% of nothing is a good deal.

The first year they made a 7% profit, and the employees at all levels got a nice incentive payout. The following year they made 12% profit. Employees at the bottom were saying wait don't replace Joe who is retiring we can pick up his job.

The bank was happy, and the employees were ecstatic. Top level mgrs were getting $40,000 plus incentives. entry level employees were getting $4 - 5,000.

Of the incentive money 40% was paid out in cash, %40 went into a 5 year pay out, and the balance into equity in the company.