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Compensation Clawbacks
In light of recent events in the financial markets, employers are exploring the use of "clawbacks" to recover bonus compensation payable to employees. Clawbacks are contractual provisions that allow employers to recoup compensation paid to employees in the event of an employee's misconduct and/or termination of employment, or voluntary departure to go and work for a competitor. There are special legal issues that may arise in drafting, negotiating and enforcing such clawbacks that employers need to be aware of to ensure compliance.

Other bonus payment Related Articles

Over Achievers on the Sales Force - We Have it All Wrong
Believe it or not, our six-year-old son is an over achiever. He has spelling tests each week and his teacher gives the class bonus words for extra points. He loves the bonus words and extra points so much that he has duplicated the process on his math tests. The teacher gives the class 20 math questions each week but (right now they are working on problems like 7 + 4) no bonus questions on the math. Our son takes it upon himself to add 4 bonus questions (he includes bonus questions like 800 +600) because he feels he can do more. This begs the question, how do you measure your over achievers?

Getting Paid
Accepting payment today is becoming more complex. Entrepreneurs need to plan their payment acceptance strategy.
Sales Management Training Tips: Coaching the Talented-Slacker
Meet Jane. Jane is an experienced and successful district sales manager who could work in any industry and for any company. In fact, there are many Jane’s in all companies. Jane is performance driven, a very good coach and a people person. Each month Jane is put to the test with different sales reps she must coach to success. IBZ is a mid sized technology company. The company has had some tough years but has turned the corner. It pays it’s reps a combination of salary and bonus for achievement of targets. This year the bonus plans has a super bonus portion which accelerates when a rep is 5% over quota. Jane wants to get 2009 off to a great start. In one of our monthly coaching sessions Jane, was expressing her frustrations with one of her most tenured sales reps.

Sell Information Products And Handling Payment Transactions
When you sell information products in both physical and electronic formats, how do you handle payment? While you can certainly use an electronic payment company that can deal with both transactions, I recommend other methods for those of you who are new to the process.
Using an RRSP for a Down Payment – Dipping into RRSP Accounts
If you have been interested in buying a home for some time but have not managed yet to accumulate enough money for a down payment in your current savings account, you may want to consider the possibility of using an RRSP for a down payment. While this certainly has its share of pros and cons, for many people, this is a logical solution. Some will use their RRSP account for the funds to take a gap year off to travel, and others will use it to purchase an automobile, so why not consider using this money, which is entirely yours, as the means for a down payment for a home?
Payment Guarantees in the Transport Business
Many transporters insist on Payment Guarantees before they start operating. This article explain the concept and highlights the truth about payment guarantees in the South Africa environment.
How To Minimize Future Collection Problems
Learning how to recover more of what is currently owed is a highly productive process. Learning to avoid collection problems from future business also makes a lot of sense. This article describes exactly how to clarify the expectations about payment so that customers are not only far more likely to comply but also will become more appreciative of you as a supplier of your product or service. This strengthened relationship often leads to a wonderful bonus; namely, more referrals from happy customers.
Small Business: Payment Processors and Shopping Carts
I'm often asked to provide advice on what type of shopping cart / payment processor a business should implement. The answer is not quite so simple and in this article, I've tried to outline the processes and technologies that go together to deliver a payment and affiliate solution and offer some choices. It can get very confusing trying to marry up and connect Payment Processors, Shopping Carts and payment buttons. This article is designed to clarify the difference between the three and what type of solution may best suit your business requirements.
Mobile Payment Services
Many users today trust their mobile more than their bank when it comes to handle money. Mobile payment, also called M-payment or m-payment, is at forefront of this technological innovation, development and establishing this element of trust and security. The improvement of security has seen the use of mobile funds transfer and transactions increase both in quantity of goods and services purchased, as well as value.

Games Debtors Play - Part Two
People who owe money usually pay as expected. The problem is with the small percentage of debtors who develop excuses, stalls, and evasions that are not only annoying but also result in no payment or late payment. So, business people, from sole proprietorships to the largest corporations, need to be aware of the most common excuses as well as how to best deal with them, so as to get the maximum payment in the shortest time, while also keeping the goodwill, and the business, of the customers and clients they want to keep.
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