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14Jan

No New News On Nondiscretionary Bonuses

On January 7, 2020, the U.S. Department of Labor (“DOL”) issued a new Opinion Letter on “nondiscretionary” bonuses. When a bonus is offered to employees “to induce them to remain” with the company, the DOL considers the bonus to be...
By: Sherman & Howard L.L.C.
Source Url: https://www.jdsupra.com/legalnews/no-new-news-on-nondiscretionary-bonuses-39023/

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