bonus plan

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bonus plan

A financial incentive which may be incorporated into the compensation arrangement that a managed care organisation has with a doctor, in which the physician’s pay is linked to the lowest possible utilisation of out-of-network or high-cost in-network providers and services.
References in periodicals archive ?
Consequently, employers with discretionary bonus plans that restrict employees' right to receive a bonus may not be able to recognize the liability and take a deduction for bonus payments until the year after the related services are performed.
With most banks expected to announce their bonus plans next week, a cutback in bonus pools is expected by industry observers.
The pay consultant went on to say that bonus plans should ultimately be developed in the context of a broader compensation philosophy and strategy that seeks to create line of site between a company's vision, its business plan and strategy, the roles and expectations associated with those elements and the financial rewards attached to meeting established success standards.
In addition, Early Bonus Plans 15 and 16 offer investors a defensive bonus option, which can be triggered even when the FTSE 100 Index falls (by up to 10%).
The requirement that an employee actually be employed on the date a bonus is paid is not a provision that many employers want to remove from their bonus plans.
The issues arising from both forms of audit scrutiny are taking many companies by surprise, because the current deductibility of amounts paid under their annual bonus plans has gone largely unchallenged for many years.
TELECOM group Cable & Wireless yesterday claimed they had the support of major investors over bonus plans.
ADVERTISING and marketing giant WPP yesterday faced a nearrevolt from shareholders over its multi-million pound bonus plans for top bosses as it also reported "below budget" revenues.
Bonus plans in real life tend to have multiple conditions and exceptions.
The union negotiated two bonus plans to ensure long-term employment for his 3,300 members.
BOSTON, March 20 /PRNewswire-FirstCall/ -- John Hancock's Advanced Markets group has launched a new virtual sales tool kit on Executive Bonus Plans and Restricted Bonus Arrangements (REBAs) to help financial advisors and their clients understand the benefits of these plans and how they work.