AIG overhauls bonus system By David Goldman NEW YORK (CNNMoney.com) -- AIG announced on Wednesday that it is changing the way it pays out bonuses to its employees‚ opting to determine compensation based on performance. "Aligning pay and performance is the hallmark of many world-class organizations and is critical to our future success‚" AIG spokeswoman Christina Pretto said in an e-mailed statement. "By motivating and driving our talent‚ it will also help us remain competitive and ensure a strong
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In the short story “Where Are You Going? Where Have You Been?” by Joyce Carol Oates‚ Connie’s house illustrates irony because of the changes that occur in Connie’s behavior towards her mom throughout the story. At the beginning of the story‚ Connie epitomizes a normal teenager’s feeling towards her parents‚ especially feelings towards her mother when at home. “Connie’s mother kept picking at her until Connie wished her mother was dead and she herself was dead and it was all over‚” (492). With
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Where Are You Going‚ Where Have You Been? Innocent‚ young‚ naïve; this is how Connie was at her age of fifteen. She liked the attention boys gave her and how it made her feel. A man named Arnold Friend‚ whose much older than her‚ has stalked Connie and wants to convince her to go for a ride in his car. Connie doesn’t notice the man’s older features and this causes her young mind to contemplate going with Arnold in his car. Connie is more conflicted with herself‚ she battles to make the right choices
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Cost Segregation is the use of accelerated depreciation methods on certain assets in order to increase depreciation expense‚ which lowers taxable income and therefor increases cash flow. For this cost recovery system‚ it is procedure to classify components of property‚ for example a building‚ into different categories‚ and depreciate them accordingly. According to the Journal of Accountancy (journalofaccountancy.com‚ cost segregation begins at the time of purchase. At this time‚ the client who
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What is cost of capital? The cost of capital is the cost of obtaining funds‚ through debt or equity‚ in order to finance an investment. It is used to evaluate new projects of a company‚ as it is the minimum return that investors expect for providing capital to the company‚ thus setting a benchmark that a new project has to meet. Importance The concept of cost of capital is a major standard for comparison used in finance decisions. Acceptance or rejection of an investment project depends on the
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“The True Cost” is a documentary film that exposes hidden cost of cheap fashion or clothing we are wearing today. The film underlines the condition of workers in Bangladesh and how they were mistreated‚ exploited and forced to work in a place where there is no safety. Based on the film‚ workers only earn $2 dollars a day‚ and some workers were forced to leave their children with their families or relatives to make a living keep themselves alive. This film is related to the theme “Working Toward
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____ 1. A cost is not relevant if it: A. B. C. D. E. Does not differ for each option available to the decision maker. Changes from period to period. Is a future cost. Is a mixed cost. Is a fixed cost. 2. Variable costs will generally be relevant for decision making because they: A. B. C. D. E. Differ between options. Are volume-based. Have not been committed and differ between options. Differ between options and have been committed. Measure opportunity cost. 3. Fixed costs will often be
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The short story ”Where Are You Going‚ Where Have You Been” explores feminist ideals about oppressive men who take advantage of women. The story tells about a young girl named Connie who acts and dresses as though she is a mature young woman‚ but she shows her true age of fifteen when an older man‚ Arthur Friend‚ takes advantage of her using fear and threats of violence against her family. The story calls into question whether or not Connie is truly and independent woman‚ but one can clearly see
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"Controllable costs are costs which can be influenced by the action of a specified member of an organization. For example‚ the foreman of a production department can control the utilization of power or raw materials in his department and these are‚ therefore‚ controllable costs as far as he is concerned. Uncontrollable costs are costs which cannot be influenced by the action of a specified member of an undertaking. For example‚ the foreman of a production department can control the wastage of
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Sunk costs are costs that are irrecoverable. It’s something that you already spent and that you won’t get back‚ regardless of future outcomes. And remember that the greatest example of sunk cost you pay is with your own time‚ and which you will not be able to recover: all that you lived up until now is gone — you just can’t reclaim that time. Stop clinging to the past and make the most of your life right now. One of the most important lessons about economic costs is that sunk costs are sunk
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