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Executive "bonuses" are handled in the same manner at my company. They are virtually guaranteed payouts that are written into each and every individual exec's compensation contract. They have little, if anything, to do with company performance. "Bonus" is really a misnomer; it is simply a part of their pay.
Which leads to the next obvious question - do they even deserve their pay, or any sort of compensation whatsoever, for their performance? Methinks (hope Nader doesn't see that...) not.
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Jeff
'72 911T 3.0 MFI
'93 Ducati 900 Super Sport
"God invented whiskey so the Irish wouldn't rule the world"
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