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Am I the Jerk?

Boss SCREWS Me out of My BIG BONUS... so I just STOPPED WORKING While STILL Getting PAID for a YEAR

Am I the Jerk?

amithejerk.com

Relationships, Society & Culture

4.83.2K Ratings

🗓️ 14 December 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Boss screws me out of my big bonus, so I just stopped working while still getting paid for a year.

0:06.7

Here's what happened.

0:07.9

Subscribe to Am I the Jerk on YouTube and hit the bell for notifications.

0:12.4

I apologize for the length of this in advance.

0:15.6

This happened some years ago, but still seems relevant today, so I thought I would share the story.

0:20.7

So back in the 90s, I was working for a European-based financial firm. years ago, but still seems relevant today, so I thought I would share the story.

0:21.1

So back in the 90s, I was working for a European-based financial firm.

0:25.3

US offices were managed by Europeans with a regional head in New York.

0:30.0

Younger employees were generally underpaid and overworked, as in your first few years out

0:35.3

of college, the promised reward was being promoted to a director

0:38.6

position where the salary, perks, and bonus structure would really kick in, kind of like how law

0:43.9

firms promote their younger lawyers to partners after a long wait.

0:47.7

As junior associates, the only good news was that we received the same five weeks of vacation

0:52.8

per year, plus a few weeks of sick leave

0:55.2

as our European counterparts, which for me meant a lot of camping and staycations during

1:00.7

the summer, since I didn't really make enough to travel to exotic and expensive locations.

1:06.4

The offices were set up in a way where the business development, or BD, directors, each had a junior

1:11.9

associate. The BD guys would generally network, schmooze, and travel around their territories

1:17.6

to meet clients and new prospects. Once back in the office, the BD guys would dump their

1:22.6

meeting notes on the desks of their junior associates to follow up and land the business,

1:27.1

a Hunter Skinner

1:29.0

model.

...

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