Word: bonus
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...week surprise: a $14,615 bonus from Mr. and Mrs. Clinton...
...harsh work environments and a continual wave of layoffs in the past decade, which have made workers feel dispensable. Says psychologist Bruce Blythe, of Atlanta-based Crisis Management International: "People get awfully upset when there are no raises, then there are layoffs, and the CEO gets a $500,000 bonus. This growing disparity plays into it." Making workers even more desperate, says Dennis Johnson, a clinical psychologist at Behavior Analysts and Consultants in Stuart, Florida, is the prospect of finding "positions with lower pay, fewer benefits and little job satisfaction. You're taking away a very critical anchor, especially...
...Harvard Business School graduate was fired by the Wall street investment firm Kidder Peabody & Co. for allegedly participating in fradulent trading designed to inflate the company's profits and his bonus...
...lawyer and Harvard Club President Don Shapiro say that a $10 bonus should no longer be paid to employees "who perform so-called 'dirty jobs' such as cleaning vomit, blood excrement...
...partners are more than willing to distribute crumbs from their cake. In 1993 everyone on Goldman's staff of 8,000 received a year-end bonus equal to 30% of salary, plus a piece of the firm's $17 million contribution to the employee profit-sharing plan. Moreover, the firm rules say that most of the profits must be reinvested and except in certain dire emergencies cannot be withdrawn until a partner leaves. Even senior partners who make upwards of $20 million draw salaries of well under $300,000. No need to feel too sorry for them though; they...