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The concept of pay incentive is pure sophistry.
Taxable investors might prefer to instead pay incentive fees that are economically similar but may generate ordinary tax deductions for investors and ordinary income for the manager.
And he's apparently throwing in a bonus for investors who were burned by his last venture: Clients with money in Amaranth when it shut down won't pay incentive fees for three years, Bloomberg said.
As is the case with other hedge funds, Mr. Robertson's clients pay incentive fees of 20percenttothethe manager only if their gains exceed what is called a high-water mark.
Pay incentive bonuses to hospitals and doctors whose results improve.
It asks about basic pay, incentive bonuses and commissions, but not overtime pay or non-wage compensation, such as stock options.
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pay incentives.
BOOK REVIEW Did Pay Incentives Work?
What Wall Street really needs is smart pay incentives instead of dumb ones.
pay incentives to reward long-term performance and to discourage excessive risk-taking.
No pay incentives were involved, just an appeal to professional pride — and, later, public reporting of the results.
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