incentives

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Consulting Giant Has Offer for So-So Employees

McKinsey will provide 9 months' pay, career counseling to get mediocre workers to leave

(Newser) - The bad news for underperforming employees at consulting giant McKinsey & Co. is that their days are numbered at the firm. The good news is that the company isn't exactly in a hurry to rush them out the door. The details:
  • An offer: Over the weekend, the UK Times
...

In China, an Unusual Tactic to Boost Young Marriage

One region is bestowing cash for brides under 25

(Newser) - Officials in one part of China are urging people to get married at a young age, with cash as an incentive. Couples who marry in Zhejiang province's Changshan County when the bride is 25 or younger will receive a $137 cash bonus, the county announced last week, noting the...

Amazon Ups Ante in Hiring, to Full Tuition

In a new hiring incentive, four-year degrees will be covered

(Newser) - Amazon's chief financial officer said this summer that to keep staffing up during the pandemic, "We're spending a lot of money on signing and incentives." The cost of staying hired up will be going up, after Amazon announced Thursday that it will pay the full cost...

Vanguard Reveals Hefty Vaccine Incentive: $1K

Any worker vaccinated by Oct. 1 will get the payment

(Newser) - It's a good day to work for Vanguard. Bloomberg on Wednesday reported by way of a source that the asset manager will be making a $1,000 payment to any of its 16,500 US employees who are vaccinated by Oct. 1. The offer reportedly applies to people who...

State's New Incentive to Get People Vaccinated: Money

West Virginia offering $100 bond to young people

(Newser) - With fewer West Virginians receiving a coronavirus vaccine lately, the state has come up with another way to make it worth their while. Anyone age 16 to 35 who gets the vaccination will receive a $100 savings bond, CNN reports. West Virginia's vaccination rate has fallen since leading the...

You Could Get $10K and a Bike Just for Moving Here
Want $10K and
a Bike? Move Here

Want $10K and a Bike? Move Here

Northwest Arkansas seeking STEAM professionals

(Newser) - If remote work opportunities don't already have you pondering a move, Northwest Arkansas is offering perks, including $10,000 and a free bike. The Northwest Arkansas Council says it will invest "more than $1 million over six months to attract top talent to the region" as part of...

If You Get Vaccinated, You Should Collect $1K
If You Get Vaccinated,
You Should Collect $1K
OPINION

If You Get Vaccinated, You Should Collect $1K

Economists make the case that the incentive is necessary and a wise COVID investment

(Newser) - An economist is backing a provocative idea on a COVID vaccine: Anyone who gets a shot should receive $1,000 from the government. So argues Harvard's N. Gregory Mankiw in a New York Times op-ed. Mankiw is actually writing in support of a proposal first floated by fellow economist...

Hungary to Women: Have 4 Kids, Pay No More Income Tax

Proposal comes from anti-immigration leader Viktor Orban

(Newser) - Hungary's government is greatly increasing financial aid and subsidies for families with several children, the country's prime minister said Sunday. The measures announced by Viktor Orban during his state-of-the-nation speech are meant to encourage women to have more children and reverse Hungary's population decline, per the AP...

This Town Will Pay You to Live 45 Minutes From Cincinnati

Labor shortage is a problem for America's small cities, towns, and suburbs

(Newser) - America's 4.1% unemployment rate doesn't exactly bring smiles to the leaders of America's small towns. "Eventually you run out of people to do the work," is how one economist puts it to the Wall Street Journal . And we're nearing that eventuality, following an...

After a Tax Break Is Decimated, Tesla Sales Disappear

Nearly 3K Teslas were registered in Hong Kong in March. In April, 0

(Newser) - The weekend brought photos of Tesla's first Model 3 sedan to roll off the production line, but it wasn't all positive news for the automaker. The Wall Street Journal on Sunday posted an analysis of data out of Hong Kong that suggests just how severe an effect the...

People Will Lose Weight for Just $20 a Month
People Will Lose Weight
for Just $20 a Month 
new study

People Will Lose Weight for Just $20 a Month

Financial incentives boosted success rate in weight-loss study

(Newser) - Having a hard time losing weight? Cold hard cash could help. The results of a new study by the Mayo Clinic show that people did a better job of losing weight when they were paid to do so, reports Science World Report . The Mayo Clinic notes that while the finding...

Renters Feel the Landlord Love
 Renters Feel the Landlord Love 

Renters Feel the Landlord Love

In soft market, tenants offered flat-screen TVs, cash, reduced rent

(Newser) - Time was, the landlord's knock could inspire dread and bogus excuses. But as apartment vacancies soar, these days he's more likely to drop by to offer you a flat-screen TV, cash, or reduced rent if you re-up your lease. "Many companies are doing whatever they can to keep units...

I'd Vote for Health Bill: Frist

Obama's reforms are a step in the right direction, former Senate majority leader says

(Newser) - Health care reform legislation has the unexpected support of a prominent physician: former Senate Republican leader Bill Frist. If he were still in politics, “I would end up voting for it," Frist said. The surgeon also blamed some Republicans for not engaging seriously in the health care debate:...

Health Bill Has a Big Carrot for the Healthy

Senate measure would let employers cut premiums up to 50%

(Newser) - A measure slipped into the Senate’s health care reform bill could cut workers’ insurance costs by up to half if they eat well, lose weight, and quit smoking, the Boston Globe reports. The measure may be key to encouraging Americans to stay healthy without too much government imposition, a...

Health Care Reform: What We Can Agree On
 Health Care Reform: 
 What We Can Agree On 
analysis

Health Care Reform: What We Can Agree On

High costs hurt all of us—here's how we can cut them

(Newser) - The issue of health care reform crops up regularly, then disappears—but now it may have a foothold, writes Karen Tumulty in Time. That’s because the focus of the issue is on the current system’s huge cost to everyone. Much of the spending may be unnecessary, and a...

Spend, Baby, Spend —or We're Sunk
 Spend, Baby, Spend 
 —or We're Sunk 

OPINION

Spend, Baby, Spend —or We're Sunk

(Newser) - Our massive economy will remain stuck until hoarders open their wallets and "roll the dice" once again, Daniel Gross writes in Newsweek. Investors and consumers alike must regain their "penchant for gain and risk... some of the essence of what makes us American." Until that caffeinated, delirious...

States Get Creative as Jobs Disappear

Even as tax revenues shrink, states pay to entice employers

(Newser) - State governments, reeling from diminished tax revenues that have forced cuts in services and, in some cases, jobs, increasingly are offering tax breaks and incentives to employers in an effort to stimulate the job market, reports the Wall Street Journal. “Now is not the time to back off the...

Gates Urges Companies to Get Creative to Improve Lives

He ruminates on how to tweak market forces to help more people

(Newser) - Bill Gates tweaks his corporate colleagues with an essay in Time urging businesses to look harder for ways to extend the benefits of capitalism to a greater portion of the global population. As a philanthropist, he says, he recognizes the need for nonprofit work, but as a businessman, he knows...

Buy Our Minivan, Give Your College Fund a Boost: VW

$1,500 incentive offered with purchase of Routan model

(Newser) - Volkswagen is offering an innovative incentive to parents to buy their Chrysler-built Routan minivan: $1,500 in a college savings plan, Left Lane News reports. The partnership with Upromise might pale to those with more pressing concerns (or who hate planning ahead), though: Chrysler itself is offering a credit card...

Senate Pitches Rival Stimulus Package

Larger rebates, more benefits still to come

(Newser) - The Senate has unveiled its own economic stimulus package, challenging the plan agreed to between House leaders and the White House. The Senate plan would give $500 to almost all Americans, rich and poor, and would extend unemployment benefits to the jobless, reports the Washington Post. Senators are also likely...

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