retention bonuses

When word spread earlier this year that American International Group had paid more than $165 million in retention bonuses at the division that had precipitated the company's downfall, outrage erupted, with employees getting death threats and President Obama urging that every legal avenue be pursued...

Kenneth Feinberg, the government’s paymaster for bailed-out companies, will allow insurer American International Group Inc. to pay retention bonuses to executives after U.S. regulators emphasized the need to keep the staff.

The union for dispatchers at PSA Airlines said Friday that it has reached agreement with the company on a 5-year labor contract that includes raises and retention bonuses.

Fannie Mae and Freddie Mac are set to pay their employees “retention bonuses” totaling $210 million, despite calls from lawmakers to cancel the payments.

The mortgage-financing giants that the government rescued last fall outlined plans to pay $159 million in retention bonuses.