February 10, 2010 |
American International Group Inc., the insurer criticized by lawmakers for giving bonuses to executives after a U.S. bailout, started an incentive plan that will give the top 10% of employees the largest awards. AIG's plan will rank employees on a scale of 1 to 4 based on performance compared with colleagues, a spokeswoman said. About 10% of the New York- based company's workers will be placed in the top rank, getting the biggest incentive payments, while 70% will fall in the middle tiers, she said.
August 23, 2010
It took just one day for the California Film Commission to allocate all $100 million in subsidies the Legislature provided to lure film and TV crews to the state this year. The commission granted tax credits to 30 productions; at least 30 more landed on a waiting list, where they're not likely to stay. Instead, they're expected to set up shop in other states with competing subsidies. That's the reality of the film business today — it's a mobile industry that can take much of its work to whatever state or country that makes the most sense economically.
CALIFORNIA | LOCAL
March 12, 2000
Re "Merit Pay Proposed for L.A. Teachers," March 4. In this front-page article you report that the teachers, in order to do a proper job for us, need a $7,000 incentive bonus. To level the playing field perhaps they should give back some of the money they have received over the years for not doing what they were paid for. The results have been less than stellar. In the same edition you report that these same teachers who are so underpaid decided to fight campaign finance reform Proposition 25. They had authorized their union to spend $6 million to accomplish the job. In their last-minute panic they authorized another $640,000, same purpose.
December 23, 2006
I just got my invoice from the Dodgers for my four "MVP Field Box" season tickets. The bill was for $24,560. These are seats (used to be five rows from the field, now nine) that have been in our family since the inception of Dodger Stadium. Two years ago the same four seats and parking pass were $12,450. I've decided I need the help of Scott Boras. I figure with the Dodgers' postseason record, we could offer them the following contract: We'll pay $12,450 guaranteed. We'll pay an incentive bonus of $50 a game if the team makes it to the NLCS, an additional $50 a game if they make it to the World Series and one more $50-a-game incentive clause for winning the Series.
August 30, 2003
I'm 82. My eyes and hearing aren't as good as they used to be. Both knees need replacing. So today I reported for jury duty at 7:45 a.m., along with 61 other unlucky citizens. The elevators were out of order, so there were what seemed like a million stairs to climb. We all sat in a nondescript room till noon. We returned at 1:30 the next day for the remainder of this exciting procedure. If we do not return tomorrow I will be paid a total of 30 cents travel expense. (Jurors don't get paid the first day; that is probably why they'll draft a new group tomorrow.
January 7, 1987 |
Alf Jackson, 92, has won a reward for his loyalty to an inn in this northern English village where he has been drinking almost every day since 1914--and he now has a strong incentive to live a lot longer. The brewery that runs the Providence Tavern has decided to give the widower a free glass of its best ale every day for the rest of his life.