Exact(24)
Not to mention their settling his home run milestone bonuses without heading to court.
It also gets round the reward for apparent failure when banks pay bonuses without actually making any money.
In return for working less, they accepted cuts in such extras as holiday bonuses, without a reduction in their basic salary.
Government ministries did indeed once distribute such bonuses, without declaring them to tax authorities, but the practice was officially halted in 2001.
A.I.G. sent them questionnaires asking about their outside income, and it believes it can use their responses to pay smaller bonuses without violating the contract.
"It allowed him to designate a series of scapegoats — Anglo-Saxon finance, bankers, C.E.O.'s bonuses — without developing the structural reforms France requires".
Similar(36)
The bonus: without distractions, we were able to pay more attention to the food.
JP Morgan has been accused of giving its chief executive, Jamie Dimon, a $7.4m cash bonus "without compelling rationale".
But it would still be nice to see Mr Davos giving up his bonus without being forced to do so – and arriving in Switzerland economy class.
If you give someone a bonus without clawback provisions, he or she will have an incentive to hide risk by engaging in transactions that have a high probability of generating small profits and a small probability of blowups.
For example, Furyk — who has not won on Tour since the 2007 season — actually has a better-than-remote chance of winning the FedEx Cup and the $10 million bonus without winning the Tour Championship.
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