It’s like the Olympics for corporations: Cities all over the country have put themselves into the running to be the home to Amazon’s planned second headquarters, and many of them are offering huge tax breaks and other incentives. But just like the Olympics, cities may regret making such a deal, and several places vying for Amazon’s attention have apparently not learned important lessons from themselves and others that were overly eager to court a new corporate HQ. [More]
Incentive Program
Feds Warn Banks: High-Pressure Incentives Can Lead To Another Wells Fargo Fiasco
By 11.29.16
As Wells Fargo continues to dig itself out of a years-long — if not decade-long — fake account fiasco perpetrated by employees under strain from high-pressure sales goals, federal regulators are warning other financial institutions that these sorts of programs could harm consumers and possibly lead to stiff penalties. [More]
American Airlines, US Airways Create Incentive Program For Employees To Do Their Jobs
By 1.24.14
Get ready for even friendlier skies when you fly American Airlines and US Airways. The newly merged airlines are all but bribing their employees with an incentive program aimed to ensure the airline has the best on-time performance, the rate of mishandled baggage and customer satisfaction. [More]
