But this bonus boosts compensation for a lot of what geriatricians do, like reviewing medications and assessing cognitive ability and simply listening to patients, as opposed to doing tests and procedures.
Boosting compensation would attract more qualified people to the field and increase retention.
CalPERS staff also said it was impossible to accurately forecast the long-term cost of boosting compensation with the so-called "pick-up payments".
That would boost Chinese compensation to only about 4% of US pay rates barely making a dent in narrowing the arbitrage with major industrial economies.
That is understandable; as the gains accrue to the students themselves over a long period of time, school systems can't very well dip into them in order to boost teacher compensation today.
All of the companies in the table on page 136 adamantly deny they are making accounting maneuvers to boost executive compensation.
"We believe the accounting items we reviewed boosted earnings and could boost executive compensation based on earnings performance," says David Trainer, president of New Constructs, an equity research firm in Nashville, Tenn.
Ellis Chase, a career coach for three decades, says even if your employer offers to boost your compensation to persuade you to stay, you will likely lose out a year later, when your colleagues are getting raises, because you already got a pay hike.
Furthermore, if other firms are using them to boost executive compensation, a company that wants to recruit and retain top managerial talent will be seriously tempted to use buybacks as well.
