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.
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.
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By Al Bauman
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