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Perspective

Apr. 4, 2009

The Case for Bonuses

It is easy to demonize CEOs who take bailout money and then pay employee bonuses - but to do so ignores wage and hour laws.

INSIGHT COLUMN

By James M. Nelson

It is easy and popular to demonize companies and CEOs who accept federal bailout money and then pay employee retention bonuses. It is harder to sit idly by as a labor lawyer and say nothing as the pundits and politicians launch discussion off in a dangerous direction. In wage and hour law, the easy approach is often the wrong approach. The issue is not whether the contracts were a "good idea" at the time but rather whether anything can lawf...

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