Zurich's survey also found the majority of company bonuses
(81 per cent) equated to one month's salary or less; while a lucky seven per cent received a bonus worth three times or more their monthly salary.
But under the new bonus regime, NR's bosses could still get deferred annual bonuses
totalling 20% of salary.
This item focuses on an employer's ability to deduct bonuses
in the tax year they are earned rather than the tax year in which they are paid to the employee.
According to a fresh forecast by Johnson Associates, overall individual US banker bonuses
may rise by 5% to 10% in 2013, compared to last year.
The ruling appears to be in response to the IRS' position outlined in Chief Counsel Advice (CCA) 200949040, which concluded that an accrual-method corporation's liability arising from bonus compensation paid to employees pursuant to an incentive compensation plan is taken into account in the year that bonuses
Maybe a move away from bonuses
in favour of salary is not such a bad thing.
Online deposit and no deposit bonuses
vary from one online casino to another, but they all offer generous incentives to their players to increase their bankrolls.
The world's largest automaker slashed its managers' winter bonuses
last year by 10 percent from year-before levels and their summer bonuses
this year by 60 percent.
Three other civil servants also didn't receive bonuses
125,500, the average bonus on Wall Street in the beginning of 2006, will seem like chump change at the start of 2007 when bonuses
averaging $650,000 are expected to have a major impact on first quarter sales numbers.
In recent years, state and local officials have sweetened public-pension plans by expanding the list of bonuses
that can be considered as income to determine the size of a worker's retirement check.
1996-2 CB 1], employment taxes on accrued bonuses
and vacation pay of an accrual method taxpayer are deductible in the year in which they are paid rather than the year the vacation/bonus pay is accrued.