November 27, 2012 |
With Pau Gasol's recent struggles, it's natural to wonder whether the Lakers will trade him. The safer bet has them waiting to see how Gasol and the team perform once Steve Nash's leg is healthy. If the Lakers do look to make a move before the Feb. 21 trade deadline, they would need to consider the trade bonus Gasol would be entitled to under his contract. The straight math suggests that Gasol, who is under contract through 2013-14 for $38.3 million, would get a bonus of 15% of that amount, or $5.7 million, but the complicated rules of the league's collective bargaining agreement say otherwise.
November 30, 2012 |
Bosses playing Santa, take heed: there are gifts that nearly every employee wants but also a few that make a lump of coal seem like manna from the heavens. Like, for example, a holiday party with an open bar. Only 5% of workers list such a boozy fete among their top choices for employer-gifted seasonal perks, according to a new report from career site Glassdoor. Maybe they just don't want to make a fool of themselves in front of colleagues and then have to take a sick day afterward to recover -- a very real situation faced by two-thirds of Americans, according to recent research . Other unpopular gifts, according to employees: gym memberships, company stock, even the option to work from home for a full year, Glassdoor found in its survey of 2,050 workers.
May 8, 1986
Bassett Unified School District's 227 teachers will receive a one-time bonus from the district's first-year allocation of $686,000 in state lottery funds. The Board of Education promised teachers half of the lottery money during salary negotiations last year. The bonus will be 4.9% of teachers' wages, equaling about $1,500 for those earning $31,000 a year. Supt.
March 15, 2013 |
Simon Njoroge intends to a employ a different strategy in the 28th Asics L.A. Marathon on Sunday. The Kenyan runner won the men's race last year but could not catch the women's winner, who collected a $100,000 gender challenge bonus for crossing the finish line first. This year, the women will start 18 minutes 35 seconds ahead of the men - the difference in time between event records in the men's and women's divisions. The bonus is $50,000. PHOTOS: 2013 Los Angeles Marathon "This time," Njoroge said Friday, "I am focused to get that bonus.
CALIFORNIA | LOCAL
November 7, 2001
The Times (editorial, Oct. 31) wrongly blames seniority for the discord surrounding bonus pay for LAUSD test scores, when the blame should clearly be placed on the program itself. The program is an affront to the dedication of California teachers. None of the award recipients studied, trained and spent countless hours away from their families because they had hopes of a big cash award. They did the work because it defines what they are all about--teaching. Do teachers at high-scoring schools deserve higher pay?
November 28, 1993
I was glad to see your remark ("Glenfed CEO Gets $1-Million Bonus," Nov. 11) about the bonus to Steve Trafton on top of his 680-K salary and the side comment that the federal regulator "did not object." Of course, you could not very well say where the money came from, namely the individual stockholder-investor, who was given a 1-for-20 reverse split and a short-time-limit rights offering at $9 for a new stock that immediately dropped to $6 plus. Many of us contributed thousands of dollars to that bonus.