Word: rewarded
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...million in stock grants over three years, plus other lavish benefits on top of the $20.3 million paid him by HSBC for having his contract terminated with Household International, a firm HSBC recently acquired. But at least HSBC has outperformed the market. It's the idea of "rewards for failure" that has really fueled the fat-cat fuss in Britain. Just as in the U.S., where revelations of corporate piggery last year triggered a populist backlash, Britain's shareholders are asking why they should subsidize the opposite of success. Says Tory M.P. Archie Norman, former chairman of the ASDA supermarket...
...more raises. Cost pressures will be so intense during the next expansion, business experts say, that companies are likely to stick to their guns. They will outsource more work--including skilled and white-collar tasks--to cheaper labor markets. They will embrace pay-for-performance schemes, which generally reward only the top-ranked workers at each wage level. And they will shift more of the costs and risks of illness and retirement to workers, especially in steel and other heavy industries...
...such an amazing experience doing it, and it’s just really cool that someone can reward you for doing something that you loved doing,” Schweig said...
...interest in a simultaneous military crisis with North Korea, nor does the military option seem as viable on the Korean Peninsula given the vulnerability of Seoul to North Korean attack. But, as President Bush has commented emphatically, succumbing to blackmail by negotiating a deal that appears to reward Pyongyang’s illicit nuclear behavior is equally unattractive; indeed, the President has deemed this unacceptable. Washington has placed some hope in the possibility that multilateral pressure might bring Pyongyang to its senses and has viewed China—North Korea’s main international supporter and essential provider...
...lucky, every company has at least a few employees like Burton Jenkins. An executive assistant at a large financial-services firm in New York City, Jenkins, 28, is one of those unflappable, capable people who cheerfully work long hours and expect no more extra reward than the satisfaction of doing good work and having it acknowledged. If only that spirit could be inspired in an entire work force...