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Steve McIntosh Report Blog



What is a bonus?

Under a Kansas law dating back to 1929, county treasurers get a bonus every year, based on the number of car license tags issued in their county … up to a maximum of $15,000. That’s what Sedgwick County Treasurer Linda Kizzire received last year, and she told KAKE News she feels the amount is “fair” based on the number of employees she oversees … 80.
But Webster’s defines “bonus” as “something over and above that which is due”. In the business world, a bonus is most often given for extra effort or meeting a goal. It seems to me these treasurers receive a bonus just for doing their jobs … issuing license tags. The number they issue would seem to have little to do with any extra effort on their part. Their employees are doing all the work, simply doing their jobs.
Out here in the private sector, pay raises are non-existent for many … and bonuses are pretty much creatures of the past … even for extra effort.
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Our thought for today is from Indira Gandhi:
 
“My grandfather once told me that there are two kinds of people: those who work and those who take the credit. He told me to try to be in the first group; there was less competition there.”




 
01/04/2012 1:06AM
What is a bonus?
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