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Incentive Pay

Overly broad noncompete deal gives you no protection at all

03/01/2001
Pinnacle Performance Inc. hired Lynn Hessing as an independent contractor for about four months to design a card shuffler for one of its client firms. Despite having signed a two-year agreement …

Craft bonuses carefully

12/01/2000
When a financial analyst changed jobs, he left behind $120,000 in bonuses. The bonus plan paid benefits in quarterly installments but was contingent on continued employment with the company. A New …

Specify if workers must stay to collect bonuses

06/01/2000

Q. Our company pays quarterly and annual bonuses (depending on the position). If an employee is here throughout the entire quarter/year, but leaves before the bonuses are paid out, is he still entitled to the bonus? Our company has no written documentation stating that you must be employed at the time the bonus is paid. —J.S., Colorado