CEO bonuses

All thoughts with the victims and families of the bridge collapse in Minneapolis.

Check out this story arising Northwest's ongoing labor troubles. Of particular interest was the bonus that was paid to the CEO recently. I'm not saying that he didn't deserve it. A successful turnaround would be worth every penny of what he was paid, and then some.

But, what the board apparently didn't think about here was the true cost of giving the CEO that money in a situation where labor dissatisfaction was so high. By giving that bonus, they've riled the situation so much that the workers have apparently decided to try to sabotage the company. This makes it much less likely that the turnaround will ultimately be successful.

I'm not against high CEO pay -- if you want top talent, you need to pay accordingly. But top talent should be willing to wait until the results are in to get paid. Then, there'll be enough to go around.