Thursday, April 9, 2009

Bonus

In these times, "Bonus" has become the new "B" word. But at Bollinger Insurance Solutions, they see it a little differently. Last year, CEO Jack Windolf received $500,000 in deferred compensation when part of the company was sold, and he reserved the right to redirect it. Last month, he used the money to give a $1,000 bonus to all 434 employees and encouraged them to spend it as a mini-stimulus package.

WPVI video
The Daily Journal story

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