AIG

lookout123 · 03-30-2009, 12:05 PM

TGRR and Sugarpop... just wow. Either you are willfully ignorant and choose not to look beyond the soundbyte fluff of the story or you truly do not understand even the first thing about profitability.

I may disagree with TW on nearly everything but he understands something the two of you cannot grasp. Profitable companies make a profit that people want and are willing to pay for. In order to maintain future profitability they must have processes established to make profitability likely. Part of the process is making sure that people who have done their job and have proven to be a net asset (moneymaker) must be compensated for the value they bring. If a broker brings $25,000,000 profit to a firm in a 12 month period it would certainly seem logical compensating him his expected $2,500,000 so that he will also do it next year and the year after. If you don't, they will go across the street, receive a $5,000,000 check, and take their business with them. Giving bonuses to the unproductive employee would be foolish but that isn't how brokerage operations work. Bonuses are based upon production numbers.

03-30-2009, 12:05 PM	#11
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	TGRR and Sugarpop... just wow. Either you are willfully ignorant and choose not to look beyond the soundbyte fluff of the story or you truly do not understand even the first thing about profitability. I may disagree with TW on nearly everything but he understands something the two of you cannot grasp. Profitable companies make a profit that people want and are willing to pay for. In order to maintain future profitability they must have processes established to make profitability likely. Part of the process is making sure that people who have done their job and have proven to be a net asset (moneymaker) must be compensated for the value they bring. If a broker brings $25,000,000 profit to a firm in a 12 month period it would certainly seem logical compensating him his expected $2,500,000 so that he will also do it next year and the year after. If you don't, they will go across the street, receive a $5,000,000 check, and take their business with them. Giving bonuses to the unproductive employee would be foolish but that isn't how brokerage operations work. Bonuses are based upon production numbers. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

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