I hear you! Again, not trying to gloss over a wrongful termination – which the author clearly wants us to believe to be the case. In this case no one was abused, or even treated illegally or cruelly, etc. Why not give them a year’s salary, plus a second year’s salary for pain and suffering. The company would have to pay 2 full year salaries for 3 people and get zero in return. A million, plus another million in lawyer fees if they had to pay both sides. The company appears to be in the wrong and they deserve to pay. This should send a message, but getting fired should not be the best thing that ever happened to these employees.
How did paying $80m to three people help the world at large? This violates the insurance principal of making people / entities whole. Squandering a largesse on 3 people drives up the cost for everyone else and rewarded their suspect behavior. Boo!
Punitive damages are not compensatory, by definition. The $80m verdict was inclusive of $75m in punitives that are not intended to make anybody whole. The comparison to insurance principles is misplaced. The point (and benefit to the “world at large”) of the larger-than-life award is that it hopefully will discourage other employers from treating their employees like this, which in the eyes of the jury was apparently egregious and absurd. This wasn’t about compensating the employees; it was obviously about singling out Zurich for bad behavior and, in the process, hopefully getting the attention of executives that may be inclined in the future to punish employees for using the benefits they are given.
Claiming everything you don’t like regardless of whether it’s accurate or not is “liberalism” is idiotic. Liberalism is terrible for this country you’re right, so is conservatism. The worst of all? Capitalism. Maybe stop thanking the wealthy for keeping that boot on your neck.
Totally justified. In fact, why not give them a cool $1B each!
Maybe they shouldn’t have been fired, who knows. But having this be the winning lottery ticket? It makes no sense at all.
Why would you ever be on the side of a large corporation trying to abuse their workers? Bootlickers in this country are absurd.
I hear you! Again, not trying to gloss over a wrongful termination – which the author clearly wants us to believe to be the case. In this case no one was abused, or even treated illegally or cruelly, etc. Why not give them a year’s salary, plus a second year’s salary for pain and suffering. The company would have to pay 2 full year salaries for 3 people and get zero in return. A million, plus another million in lawyer fees if they had to pay both sides. The company appears to be in the wrong and they deserve to pay. This should send a message, but getting fired should not be the best thing that ever happened to these employees.
How did paying $80m to three people help the world at large? This violates the insurance principal of making people / entities whole. Squandering a largesse on 3 people drives up the cost for everyone else and rewarded their suspect behavior. Boo!
Punitive damages are not compensatory, by definition. The $80m verdict was inclusive of $75m in punitives that are not intended to make anybody whole. The comparison to insurance principles is misplaced. The point (and benefit to the “world at large”) of the larger-than-life award is that it hopefully will discourage other employers from treating their employees like this, which in the eyes of the jury was apparently egregious and absurd. This wasn’t about compensating the employees; it was obviously about singling out Zurich for bad behavior and, in the process, hopefully getting the attention of executives that may be inclined in the future to punish employees for using the benefits they are given.
Thank you for being the lone voice of reason.
80 million ridiculous. Liberalism killing the country. Case for AI. These positions will be eliminated.
Claiming everything you don’t like regardless of whether it’s accurate or not is “liberalism” is idiotic. Liberalism is terrible for this country you’re right, so is conservatism. The worst of all? Capitalism. Maybe stop thanking the wealthy for keeping that boot on your neck.