The whole truth is that Wall Street's bonus system isn't working the way it's supposed to.
The bonus system should also be reinstated.
We also pay competitive salaries, full social benefits, other interesting benefits and we have an attractive performance-based bonus system.
Of course, it was Wall Street's bonus system that practically begged the credit traders and bankers to take huge risks in search of those super-outsized profits.
One former product group manager, having come up through the first line, traced the source of tension between line and staff to the bonus system.
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