Quote by Al Bauman

A wage hike is very hard to take away, but bonuses and profit-sharing can disappear very quickly in hard times...More people are realizing that bonuses look like raises, but really aren't.


A wage hike is very hard to take away, but bonuses and profi

Summary

This quote highlights the difference between wage hikes and bonuses/profit-sharing in terms of stability during tough economic times. It suggests that while a wage increase is typically a permanent adjustment that is difficult to revoke, bonuses and profit-sharing can vanish rapidly when companies face financial challenges. The quote also points out that bonuses may appear to be salary raises but are essentially temporary rewards, shedding light on the growing awareness among individuals regarding the true nature and durability of bonuses in the employment context.

Topics

Results
By Al Bauman
Liked the quote? Share it with your friends.

Random Quotations

We wait for the day to come when men will turn as eagerly to the work of converting their material wealth into real life values as they are now devoting themselves to mere acquisition. When that time comes the successful business man will stop short in his impetuous career, and ask himself if it really pays to sacrifice life with all its varied, but fast-fleeting opportunities, to an aim so narrow and sordid. Then the multimillionaire will not seek to rid himself of a useless burden by indiscriminate giving, but will study with infinite pains to restore for the happiness and welfare of all mankind those vast riches that society itself has enabled him to accumulate. Then all forms of outward wealth will mean nothing but opportunity for inward growth and expansion. The search for truth, the love of beauty in nature and art, the enthusiasm for humanity, the passion for the ideal, the glow of hope and aspiration, all these, growing up within the soul of man will take up these modern material gifts, in themselves so inert and useless, and make them radiant with a value they do not now possess. Somehow or other this dead world of matter into which, in our western civilization, especially, we have buried too much of our life, must be made to render back the vital treasure of which it has despoiled us. Our world must be spiritualized or it will grow more and more stale and dull and unsatisfactory on our hands. Not to our captains of industry, not to our developers of material wealth must we look for life and life more abundant in the future; but ever to those men who, with some inward illumination, will

Loren B. Macdonald, Life in the