Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
The real question should be
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Bagels" data-source="post: 1067871" data-attributes="member: 43436"><p>All bankrupt companies offer retention pay/bonuses to management. You or I may not agree with the practice, but these companies will argue it's necessary to attract or retain top-talent; few rational people would be willing to join the executive management team of a bankrupt company unless there was an incentive. Regardless, Hostess's uncompetitive cost structure - not executive pay - lead the company into bankruptcy. There's a reason why packaged Little Debbie snack cakes frequently sell for $1, whereas near-equivalent Hostess snack cakes rarely dropped below $3. Heck, a box of 10 Twinkies retailed for nearly $5, whereas a box of Mrs. Freshley's Twinkies knockoffs sells for $1 at Dollar Tree -- and taste pretty much the same.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1067871, member: 43436"] All bankrupt companies offer retention pay/bonuses to management. You or I may not agree with the practice, but these companies will argue it's necessary to attract or retain top-talent; few rational people would be willing to join the executive management team of a bankrupt company unless there was an incentive. Regardless, Hostess's uncompetitive cost structure - not executive pay - lead the company into bankruptcy. There's a reason why packaged Little Debbie snack cakes frequently sell for $1, whereas near-equivalent Hostess snack cakes rarely dropped below $3. Heck, a box of 10 Twinkies retailed for nearly $5, whereas a box of Mrs. Freshley's Twinkies knockoffs sells for $1 at Dollar Tree -- and taste pretty much the same. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
The real question should be
Top