Word: bonus
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Dates: during 1990-1999
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...Frank Shrontz. The Boeing chairman rejected his regular raise of his $820,000 salary, citing the aerospace firm's lousy 1992 performance. Boeing may have to let go as many as 27,000 workers during the next year. Shrontz did not, however, say whether he will give up his bonus and stock options, a total...
...millions of dollars to the coaches and athletic programs of at least 60 colleges -- including Georgetown, Michigan and Seton Hall -- in order to be the exclusive supplier of the players' shoes. Last week Nike was negotiating a deal to pay Duke's coach, Mike Krzyzewski, a reported $1 million bonus and $375,000 a year. Other shoe and apparel companies have similar arrangements -- Reebok with Notre Dame, for example, and L.A. Gear with North Carolina State...
Using a hand-held Macintosh, Mazur asks the students bonus questions while he lectures. The students then enter the answers on several Hewlett-Packard computers which circulate through the classroom. Mazur's Macintosh records the answers, grades them immediately, then stores the results...
Students can receive up to 10 bonus points by correctly answering the in-class questions. Those points will be added to the each student's final exam score...
Criticism of excessive executive pay may finally be hitting home. Reacting to shareholder protests, Coca-Cola reduced the compensation of its chairman Roberto Goizueta $59 million, to a mere $4.5 million. Goizueta received a 10% raise in salary, bonus and incentives but was not offered any stock options. Last year he was awarded 1 million shares, worth $59.4 million, on top of his pay. Coca-Cola's operating profits had jumped 18% despite a treacherous year; even so, the company wanted to avoid another wave of stockholder complaints...