{"id":7835,"date":"2009-03-20T06:51:33","date_gmt":"2009-03-20T06:51:33","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/nortel_asks_for_executive_bonuses.html"},"modified":"2009-03-20T06:51:33","modified_gmt":"2009-03-20T06:51:33","slug":"nortel-asks-for-executive-bonuses","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/nortel-asks-for-executive-bonuses.html","title":{"rendered":"Nortel Asks for Executive Bonuses"},"content":{"rendered":"<p>A shot of the Ottawa River in Canada. Click to enlarge.<\/p>\n<p><span style=\"display: inline;\" class=\"mt-enclosure mt-enclosure-image\"><a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/ottawa.jpg\"><img loading=\"lazy\" decoding=\"async\" height=\"346\" width=\"500\" style=\"\" class=\"mt-image-none\" src=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/assets_c\/2009\/03\/ottawa-thumb-500x346-6232.jpg\" alt=\"ottawa.jpg\" \/><\/a><\/span><\/p>\n<p>It is certainly a tough time for Nortel to be trying to get a court to <a href=\"http:\/\/ca.news.yahoo.com\/s\/capress\/090319\/business\/nortel\">approve<\/a> senior level management bonuses as just south of Canada here in the US, the government is focusing on <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/financial\/house-passes-90-bonus-tax.html\">taxing<\/a> bonuses to employees of TARP recipients to death. The good news here is these bonuses &#8211; unlike many on Wall Street seem to be tied to cost-reduction and reducing the company&#8217;s focus &#8211; or selling off parts of the business. <\/p>\n<p>The question worth asking is, anyone can cut expenses at a company, how do you measure the effectiveness of what was cut? In other words, how do you ensure the things which are eliminated are smart for the long-term health of the company? Obviously there is no simple answer but this sort of incentive seems to be something which can have unintended consequences.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A shot of the Ottawa River in Canada. Click to enlarge. It is certainly a tough time for Nortel to be trying to get a court to approve senior level management bonuses as just south of Canada here in the US, the government is focusing on taxing bonuses to employees of TARP recipients to death.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,171,179,180,162,199,218,188,1676,198,156,189,206,211,118,177,174,190,191,219,175],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7835"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=7835"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7835\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=7835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=7835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=7835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}