gaw4571
Jan 26, 2011, 05:59 AM
Company has salary bands in one salary band half of the employees are switched from the local incentive plan to a corporate plan. To compensate these employees they were given an 11% a year salary increase and a 3% year end bouns (old plan was 15% bonus through quarterly bonuses and 5% year end) another quarter from the same band was given a 1.6% salary increase and potential to earn 3% bonus but not this year. The final quarter from this group was not moved over this year did receive quarterly bonus but was told no year end bonus. The problem I am having with this is that in a presentation made to all of these employees stated that the 2010 incentive plan was changing and 'total cash compensation opportunity will not be reduced' can they legally treat the same group of salaried emploeeys differently?