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...your bonus or severance payment. Casualties of the nearly 2 million job cuts so far this year should ask their employers to send severance payments in 2002, when they may be in a lower tax bracket...

Author: /time Magazine | Title: Send Uncle Sam A Smaller Slice | 12/31/2001 | See Source »

...expecting a bonus, try to arrange for it to come in January rather than December. (It's when your employer writes the check, not when you deposit it, that determines the year in which it must be declared as income.) You also may be able to divert all or part of the bonus into your 401(k) plan, so check with your plan administrator...

Author: /time Magazine | Title: Send Uncle Sam A Smaller Slice | 12/31/2001 | See Source »

They have long known this on Wall Street, where year-end bonuses can make up almost all of annual compensation. But this is the first recession since flexible compensation took hold throughout the work force in the '90s. A Fed survey shows that 95% of companies now give a year-end bonus, stock options, profit sharing or commission payments--up from 65% five years ago. Many companies offer such flexible pay to employees well below top management, and typically this compensation falls in bad times...

Author: /time Magazine | Title: Stumped By The Slump | 12/31/2001 | See Source »

Ford has announced that there will be no annual bonus for executives and managers and that profit-sharing disbursements, if any, will be unusually low. Meanwhile, the second consecutive year of a declining stock has taken all the gain out of many employees' stock options. Some employers, like Acxiom in Conway, Ark., and Montrose Travel in Montrose, Calif., have even cut workers' pay across the board as much...

Author: /time Magazine | Title: Stumped By The Slump | 12/31/2001 | See Source »

...rest of America's workplace, WWII allowed many more women into jobs previously held by men. Adventure newspaper strips in particular saw an influx of women pioneers. Tarpe Mill's sexy, cat-suited "Miss Fury" strip stands out, as does Dale Messick's still-enduring "Brenda Starr." As a bonus, Robbins has dug up Messick's unpublished, earlier strip proposals. Robbins super-sleuthing has even uncovered Jackie Ormes, apparently the first African-American woman with a syndicated comicstrip, "Torchy Brown," that ran sporadically from the 1930s to the 1950s in black-owned newspapers...

Author: /time Magazine | Title: Consciousness Raising | 12/11/2001 | See Source »

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