Fannie Mae is another company that needs to retain the best and the brightest. So, naturally, it has to pay them money to stay as well as money to do their jobs. Can you quarrel with paying the COO a 'retention bonus' of $611,000? Heck, his regular salary is only $616,000.
And because there are so many jobs available in the financial field and so few people to fill them, we need to pay the COO almost three times more this year than we paid him to stay last year ($260,000).
Did I read that the company was on its way back to profitability? Only in the tea leaves. In reality, that day is far, far away.
No comments:
Post a Comment