November 8, 2013 |
If you fly only once or twice a year, it can be hard to pile up enough frequent-flier miles or points to get an award ticket. Signing up with credit card companies when bonuses are offered helps, but there are other ways to make what miles you do have work for you. Some airlines offer plans that allow you to pool your points as a family so you can qualify for a free ticket faster. This kind of program is most common among international carriers, but domestic airlines are starting to use this plan as well.
September 20, 2013 |
NEW YORK - For a night, it was like the good old days on Wall Street. Bankers and traders in dark suits flocked to a Times Square blues lounge to sip cocktails and catch up after work. What made this gathering different was what was on the marquee outside: "LEH Rocks On. " The LEH referred to the old stock ticker of Lehman Bros., the investment bank whose collapse five years ago this week set into motion the worst financial crisis since the Great Depression. This was a reunion of former employees, all watching the bank's former house bands jam cover songs such as the Talking Heads' hit "Burning Down the House.
September 19, 2013 |
Job satisfaction is at a 20-year low in the U.S., and we're spending more and more time at work. Some researchers say there's a cheap and effective way to boost happiness and productivity. Rather than award employees bonuses, either as individuals or in teams, employers who give money to their workers to spend on charities or on their colleagues get better results, the researchers reported this week in the journal PLOS One . The researchers looked at three experiments. In one, workers at an Australian bank were given $25 or $50 to donate to the charity of their choice.
August 20, 2013 |
This post has been updated. See below for details. The dramatic increase in the value of 21st Century Fox stock has paid big dividends for Rupert Murdoch, James Murdoch and Chase Carey. Last week, the senior officers of 21st Century Fox were paid cash for shares they had accumulated over three years as part of their long-term performance-based compensation, according to a filing this week with the Securities & Exchange Commission. The executives -- plus David DeVoe, the company's former chief financial officer -- on Thursday received the compensation, which was based on that day's closing price of $32.27 per share of 21st Century Fox stock.
CALIFORNIA | LOCAL
August 15, 2013
Join Times reporters Jack Dolan and Michael Finnegan at 9 a.m. Friday for an L.A. Now Live discussion about several issues involving the L.A. Department of Water and Power. Dolan , Finnegan , Times staff writer David Zahniser and others have been following the DWP closely. In his latest story , Dolan focused on a little-known clause in the union contract of DWP employees that ensures they can work extra hours and collect even higher wages when private contractors are hired to help them get the job done.
July 23, 2013 |
WASHINGTON -- The Consumer Financial Protection Bureau on Tuesday sued Castle & Cooke Mortgage, accusing it of paying illegal bonuses to employees who steered home buyers toward higher-interest loans. The suit marks the first time a company has been targeted under new federal loan-origination compensation rules adopted after a mountain of bad home loans set off a global financial crisis. The bureau sued in federal court in Utah, where Castle & Cooke is based, accusing two of its top executives of running a quarterly bonus program that paid $6,100 to $8,700 to loan officers who persuaded consumers to take out pricier mortgages.
July 18, 2013 |
Two lodges inside Grand Canyon National Park are offering a late summer deal that add a bus tour and breakfast to the price of a room. The offer for stays at Maswik and Yavapai lodges is available for 15 days starting Aug. 25. The deal: The End of Summer package costs $174 a night for rooms at Maswik Lodge North and $159 at Yavapai Lodge East (prices exclude tax), based on double occupancy. It includes breakfast for two, a bus excursion for two - Hermits Rest morning tour or a sunset tour - and discounts on gift shop purchases of $50 or more.
May 12, 2013 |
Complainers, excuse peddlers and social loafers. Every company has them. I'm talking about unmotivated employees who hurt not only business but also everyone working around them. So how do you motivate unmotivated employees? One way is to offer traditional financial incentives such as annual bonuses or employee-of-the-month awards. A start-up called Bonus.ly aims to change the incentive model, helping companies reward and motivate employees by using peer-to-peer bonuses. It uses a Web platform that offers a different approach to employee recognition, reward and collaboration.
April 29, 2013 |
Which wine should you serve with oysters? For the most part, I'll confess, my immediate answer is: "Yes. " Really, when you're eating oysters, it's the shellfish that comes first. But the wine matters too. And so Jon Rowley and Taylor Shellfish Farms hold the annual Pacific Coast Oyster Wine Competition to narrow the field. Final judging for the annual competition -- the 19th -- was held last week, with winners announced Monday. The wines were scored by a panel of judges in three cities: Los Angeles, San Francisco and Seattle.
April 18, 2013 |
The Roman Catholic Church is tightening its belt. Vatican employees will not get bonuses that are traditionally handed out upon the election of a new pope, a spokesman told reporters Thursday. The last time a pope was replaced, Vatican employees were reportedly granted 1,500 euros each (close to $2,000 at the current rate of exchange), including payments upon the death of one pope and at the selection of a new one. This time, “it didn't seem possible or appropriate to burden the Vatican's budget with a considerable, unforeseen extra expense,” Vatican spokesman Father Federico Lombardi told the Associated Press.