In September 2012, a memo from the office of Transportation Secretary Ray LaHood instructed the heads of the department's operating administrations not to award bonuses and specifically not to award OSI or SCI bonuses.
Cayne and other members of the executive committee did not get bonuses for the year.
Their banks took fewer chances and did not pay bonuses on anything like the same scale.
He said he was not against bonuses that rewarded "good behaviour and long-term growth", but they needed greater regulation.
Dr Dixon said though that he agreed with the British Medical Association that GPs should not receive bonuses for saving money.
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And last--but certainly not least--our new earnings ranking, provided by PayScale, looks at average salaries (base pay, not including bonuses) for a basket of common professions.
What Equitable did, in essence, was to offer guaranteed returns it could not fulfil and to pay bonuses to policyholders that depended not on investment income but on recruiting new investors.
Once our basic needs are satisfied, we are motivated by autonomy, mastery, and purpose, not by holiday bonuses.
He had a bone to pick with the bankers past, the bankers present and not least their bonuses.
The rebates were made possible by the Affordable Care Act, which generally requires insurance companies to spend at least 80 percent of consumers' premium dollars on health care, not advertising, bonuses, or overhead.
It said bonuses should not be guaranteed for more than a year, and that senior employees should have their bonuses spread over three years.
Chancellor Alistair Darling has also entered the recent row over banking bonuses, saying on Sunday that RBS should not reward its staff with excessive bonuses.
However, in reality, these bonuses do not really serve the role of rewards for good performance.
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Bonuses are not doing so well in Manhattan, come to think of it.
But setting a low base salary and paying a larger part of compensation in performance-related bonuses might not be effective either.
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Earlier on Monday, the Finance Minister Sammy Wilson announced senior civil servants in Northern Ireland will not be paid any bonuses this year.
Concern over high bonuses is not new, but it has prompted anger in recent months, at a time when the global economy has been in recession.
In April, a woman in Tampa Bay, Florida won a suit against Citicorp for not receiving raises or bonuses when she knew her male counterparts had.
Bank bonuses did not "force" the Federal Reserve to flood the global economy with dollars, without which there'd have been no fuel to feed and inflate the housing bubble.
Without getting into the issue of whether the people at AIG deserved those bonuses or not, I think what the markets focused on was the potential for a complete unraveling of our economic system.
The attacks on bankers are shrill, and getting repetitive: Not only are their bonuses obscene, but they're holding back the recovery by "claiming that they can't lend more to small business, " as President Obama put it in late January.
Then consider that the Department of Energy has in recent years built up an insanely terrible record of wasting taxpayer money by directing funds to private companies, many of which have simply gone belly up (but not before paying lavish bonuses to executives).
For example, many state companies give big bonuses that are not accounted for as official salary.
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Big on merit bonuses (though not on perks such as business-class travel or company-provided cell phones), Dennis favors promoting from within.
More specifically, even if the shareholders, the owners of the business, desire to pay their employees larger bonuses they may not.
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Think of it this way, if one firm were truly superior, they would not need to offer rich bonuses to recruit quality advisors.
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It may yet produce some fireworks on bonuses, but not on any of the deeper issues: a forced wave of equity-raising by European and Japanese firms is highly unlikely.
And Senator Christopher Dodd, who faces a tough re-election bid, has come under pressure to explain why he did not try to stop such bonuses when he helped to write the bail-out legislation.
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