Advertisement
YOU ARE HERE: LAT HomeCollectionsBonus
IN THE NEWS

Bonus

FEATURED ARTICLES
ENTERTAINMENT
September 16, 2010
Swift CD with a bonus Taylor Swift is the latest act to offer bonus album content to an exclusive retailer. The country superstar is aligning herself with Target Corp. for the release of her latest album, "Speak Now. " The store will offer fans three additional songs, remixed tunes and video content when the album is released Oct. 25. "Speak Now" is the follow-up to her Grammy-winning, multiplatinum CD "Fearless. " —Associated Press U.S. album sales set all-time low Album sales in the United States plunged to a record low last week for the third time this year, Billboard reported Wednesday.
ARTICLES BY DATE
BUSINESS
April 24, 2014 | By Jim Puzzanghera
WASHINGTON - It's not difficult to get a bonus if you work for the Internal Revenue Service - even if you haven't paid your own taxes. The IRS handed out a total of nearly $1.1 million in bonuses in a 27-month period to more than 1,146 employees who had been disciplined for failing to pay taxes, according to an inspector general's report. "This is outrageous," said Rep. Sam Johnson (R-Texas). "The IRS is essentially telling its employees: Break the law and we will reward you. " The employees were among more than 2,800 at the agency who received performance awards within one year of disciplinary action, such as suspensions or written reprimands for drug use, filing fraudulent time sheets or other misconduct, the report found.
Advertisement
BUSINESS
December 9, 2008 | Times Wire Services
Morgan Stanley Chief Executive John J. Mack is giving up a bonus for the second straight year as Wall Street struggles through one of the most severe crises in its history. Mack told employees that he and the firm's two presidents, James Gorman and Walid Chammah, informed the board's compensation committee of their decision to forgo 2008 bonuses, and the committee accepted. Mack said the company was changing year-end compensation for other employees too.
NEWS
April 23, 2014 | By Patt Morrison
Do Internal Revenue Service employees have a dress code? Maybe, maybe not. But when they look in the mirror, they must see themselves wearing a target. The IRS is probably the most disliked of federal agencies. Any joke beginning “the Internal Revenue Service” is likely to get a nasty laugh, and almost any one of the 535 people on Capitol Hill would be eager to make his bones on some IRS slip-up. And a lot of them have. So of course we're all giving the eye-roll to the story that the IRS handed out about $1.1 million in bonuses and other valuable perks, like time off, to 1,100 rank-and-file workers who got in hot water with the agency, their employer, for not paying their own taxes.
SPORTS
November 27, 2012 | By Eric Pincus
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.
BUSINESS
November 30, 2012 | By Tiffany Hsu
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.
SPORTS
March 15, 2013 | By Gary Klein
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.
NEWS
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.
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?
HOME & GARDEN
April 19, 2014 | Chris Erskine
A boy. A dad. A mid-April hike. "Baseball should have bowl games," the fifth-grader says. "I like the way you think," I say. Up the hill we go, like shadows on a wall - first him, then me. We are determined to hike all the way to his elementary school, about a mile up toward the clouds. It is a route we take five times a week by car, there and back, there and back, on the hamster wheel of suburban life. In the Saturday morning sunlight, I see the boyishness in his face - the breakfast in the corners of his mouth.
BUSINESS
April 23, 2014 | By Jim Puzzanghera, This post has been updated with the latest developments.
WASHINGTON -- The IRS paid a total of about $1.1 million in bonuses over about two years to more than 1,100 employees who had been disciplined for failing to pay their own taxes, according to an inspector general's report. Those employees also received awards of more than 10,000 hours of extra time off and 69 faster-than-normal pay grade increases. They were among more than 2,800 IRS employees during that period who got performance awards within one year of disciplinary action, such as suspensions or written reprimands, the report found.
HOME & GARDEN
April 19, 2014 | Chris Erskine
A boy. A dad. A mid-April hike. "Baseball should have bowl games," the fifth-grader says. "I like the way you think," I say. Up the hill we go, like shadows on a wall - first him, then me. We are determined to hike all the way to his elementary school, about a mile up toward the clouds. It is a route we take five times a week by car, there and back, there and back, on the hamster wheel of suburban life. In the Saturday morning sunlight, I see the boyishness in his face - the breakfast in the corners of his mouth.
ENTERTAINMENT
March 20, 2014
A posthumous musical collaboration between Roy Orbison and three of his sons will be included on a 25 th anniversary reissue of the Rock and Roll Hall of Fame singer-songwriter's final studio album, “Mystery Girl.” The deluxe reissue is due May 20 and in addition to the album's original 10 tracks will include previously unreleased studio tracks and working demo recordings. It also will come with a “making-of” documentary “Mystery Girl: Unraveled” on DVD exploring the creation of that album and the new cross-generational track “The Way of Love” featuring Roy's original vocals accompanied by harmonies and instrumental backing provided by Roy Jr., Alex and Wesley Orbison.
SPORTS
March 17, 2014 | By Dylan Hernandez
PHOENIX -- Sometime in the relatively near future, perhaps even this year, Zach Lee could take the mound for the Dodgers in a regular-season game. Or Joc Pederson could step into the batter's box. If it happens, fans at Dodger Stadium might consider raising their plastic cups in a tribute to the man responsible: Frank McCourt. If not for the team's unpopular former owner, the Dodgers' two top prospects would be somewhere else. Lee might be counting down the days until the NFL draft.
SPORTS
March 14, 2014 | By Mike DiGiovanna
TEMPE, Ariz. -- The benefits of a healthy Albert Pujols shouldn't just be felt at the plate this season. Pujols, relegated to designated hitter for 65 of 99 games in an injury-shortened 2013 season, has started nine of 10 games at first base this spring and has already flashed some of the range, hands, reactions and skills that earned him National League Gold Glove Awards with St. Louis in 2006 and 2010. “I'm really excited and happy with how I'm playing at first base and how I'm moving,” Pujols said.
BUSINESS
March 12, 2014 | By Ricardo Lopez
Wall Street bonuses grew an estimated 15% in 2013, swelling to an average $164,530, the third-highest amount on record, the New York comptroller's office reported Wednesday. Firms will pay out an estimated $26.7 billion in bonuses to their employees for performance in 2013, state officials said. The estimate includes cash bonuses for that year and deferred compensation from previous years. "Wall Street navigated through some rough patches last year and had a profitable year in 2013," said New York Comptroller  Thomas P. DiNapoli . " Although profits were lower than the prior year, the industry still had a good year in 2013 despite costly legal settlements and higher interest rates.
BUSINESS
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.
NEWS
July 29, 1994
Re "On the Up Beat" (July 8): Writer Duane Noriyuki and photographer Robert Durrell deserve a bonus--and certainly journalistic accolades--for such a delightful, warm, touching presentation. Congratulations to them and The Times. If only we had more cops on the streets like Cliff Lloyd and Roger Gaylord. DICK FRIEND Lakewood
SPORTS
March 9, 2014 | By Gary Klein
More than 25,000 participants are expected to compete Sunday in the 29th annual L.A. Marathon. Defending men's champion Erick Mose of Kenya is among 16 competitors in the elite men's field. Ethiopia's Amane Gobena, who finished second in 2009, is among 10 elite women's competitors. Winners of the men's and women's races each receive $25,000. A $50,000 "challenge" bonus also will be awarded to the first runner to cross the finish line. The women will start 17 minutes 41 seconds ahead of the men, nearly a minute less than the 18:35 advantage of last year, when Belarus' Aleksandra Duliba finished 2:09 ahead of Mose.
SPORTS
March 9, 2014 | By Gary Klein
Amane Gobena glanced over her shoulder several times as she approached the final stretch of Sunday's L.A. Marathon. Gobena, of Ethiopia, wanted to make sure that no one could threaten her shot at a $75,000 payday. She had no need to worry. Gobena won the women's race in 2 hours 27 minutes 37 seconds to earn $25,000. Countryman Gebo Burka won the men's race in 2:10:37, but his time was not fast enough to overcome the 17-minute 41-second head start afforded the women as part of the event's $50,000 gender challenge.
Los Angeles Times Articles
|