AIG Bonus Day: 65 Former Employees Get The Shaft

AIG bonus new york post

Today is AIG bonus day, when the financial services company plans to pay out $46 million to its employees.

The company will retain around $21 million from approximately 65 former employees who the company asked to take a 20% pay reduction.

The move is an attempt to score points after last year’s bonus fiasco, and after AIG employees pledged to pay back $46 million and then only gave back $19 million.

They still plan on paying back the full amount.

Read more at Bloomberg >

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