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Monday, March 24, 2003
 


Top Apple employees take home bonuses. The Mac maker awards more than 200 of its top workers a bonus despite the fact that the company fell short of targets it had established for such payments. [CNET News.com - Personal Technology]

Apple Computer has awarded more than 200 of its top workers a bonus, despite the fact that the company fell short of targets it had established for such payments.

In a filing with the Securities and Exchange Commission on Monday, Apple said last year it awarded employees in its incentive bonus program a "special recognition bonus" amounting to between 3 percent and 5 percent of their base salary, despite the fact that the company failed to reach its stated objectives. The bonus plan applied to 230 executives at the director level or higher, but excluded the company's senior executive officers such as CEO Steve Jobs and his top deputies


comment [] 7:20:36 PM    


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