The reason behind most bonuses is to share the wealth, however the same bonus can come with consequences.
Employees receive bonuses for many reasons beyond the employer simply wanting to reward for a job well done. Employers are able to provide this extra compensation without having to address wage increase benefits. However, there can be some down sides to giving bonuses to employees. This white paper reviews non-discretionary and discretionary bonuses, as well as gifting.
Bennett L. Epstein is a partner and labor and employment lawyer with Foley & Lardner LLP. He practices exclusively in the area of labor and employment law and has extensive experience in resolving disputes between executives and their employers, including conflicts concerning age discrimination, written and implied employment contracts, and financial or sexual impropriety. He is an authority on civil rights, downsizing, the FMLA, Sarbanes-Oxley whistleblower claims, union negotiations and the Americans with Disabilities Act. Mr. Epstein is a member of the firm's Labor & Employment Practice and the Health Care Industry Team.
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