Taren Thandi

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CEO Pays Out $27 Million In Employee Bonuses After Selling Company

Nevzat Aydin thinks other CEOs might hate him for it, but he doesn't care.<p>Turkey's leading online food-ordering company recently sold, but internal morale is high.<p>That's because Nevzat Aydin, the CEO and co-founder of Yemeksepeti.com, paid out $27 million in company sale proceeds to 114 of his …

When Sales Incentives Should Be Based on Profit, Not Revenue

Most sales forces link some portion of salespeople’s pay to sales metrics. For example, they pay a commission on the revenues salespeople generate or a bonus for achieving a territory sales quota. This proven “pay for performance” approach motivates salespeople to work hard and drive sales …

Profit

When Are Employee Wellness Incentives No Longer Voluntary?

Scotts Miracle-Gro makes products for the care and health of lawns. The Marysville, Ohio, company says it wants to nurture its 8,000 employees the same way.<p>"It's very much of a family culture here," says Jim King, a spokesman for the Scotts company, which offers discounted prescriptions, annual …

Apple Increases Employee Incentive with Stock Shares

In an email, Tim Cook announced that Apple will offer RSU grants, or Restricted Stock Units, to all of its employees. Previously RSU grants were reserved for top Apple management and product engineering roles to ensure talent retention. Case and point, Tim Cook recieved 1 million shares following …