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 | From the Editor's Desk
Dont Give Cash Performance Bonuses in a Loss-Making Company Bonuses, particularly performance bonuses, negotiated up-front, are standard and reasonable fare in established businesses. Some smart people think they’re a good idea in start-ups, too. The basic argument is the same for start-ups as it is for other companies: incentives focus and motivate managers and individual contributors alike; tying compensation to goals stimulates performance. It’s not a crazy notion in the abstract, even though some research shows that cash rewards can actually diminish performance in cognitive tasks. I’m all for profit-sharing, but only when there’s a handsome-enough profit to share. Until your company is generating a bonanza, you shouldn’t consider doing anything other than reinvesting the cream in your growth. And I think cash bonuses are a particularly bad idea when your start-up is losing money.
Continued here
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WorkImam Is Fatally Shot Outside New Jersey Mosque Salahuddin Muhammad, a former New Jersey resident and member of Masjid Muhammad, drove from Philadelphia on Wednesday after he heard what had happened. He surveyed the scene with tears in his eyes.
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Work'Did you just not realize you hit us?' Survivor of hit-and-run crash mourns loss of her sister killed in same collision “I would just like for them to come forward so we can have closure for my sister and for myself and for my family,” said Edwards. “We\'ve lost a big part of our family.”Police say a Toyota Tundra struck the sisters, and the driver\'s side mirror is missing. Anyone with additional information about the crash is asked to call Fort Worth police at 817-392-4884.
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WorkBoyle Heights family mourns loss of family member after fire destroys century-old home Now the Flores-Briseño family is facing multiple challenges as they prepare to say their final goodbye to their family monarch and protect their home from looters while readjusting their lives to help those who survived the fire.
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WorkUC Berkeley makes dead-of-night push to wall off storied People's Park  James Rainey has covered multiple presidential elections, the media and the environment, mostly at the Los Angeles Times, which he first joined in 1984. He was part of Times teams that won three Pulitzer Prizes.
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WorkMaurice Hines, Tap-Dancing Star With His Brother, Dies at 80 In interviews, Mr. Hines often complained about New York theater critics, the economics of Broadway and prejudice against Black artists. In his final years, though, he spoke mostly about a glorious past and about missing his brother.
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WorkCVS to Replace AbbVie’s Blockbuster Humira With Cheaper Rivals Patients who are being switched from Humira to biosimilars will get 60 days’ notice and assistance with the change, CVS said. The substitution is expected to save CVS’s clients more than 50% compared with 2022 prices, before biosimilar competition.
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WorkAll Australians on Japan Airlines plane that burst into flames confirmed safe “This has obviously been a terrible week for our friends in Japan with the New Year’s Day quake that has cast a very, very serious death toll in that country and then the plane crash at Haneda airport in Tokyo.”
WorkMan dies after waiting more than 10 hours for ambulance in Adelaide A live tracker of Adelaide’s public emergency departments, run on X by the South Australian Salaried Medical Officers Association (Sasmoa), has been warning SA Heath to urgently address shortages.
WorkRunaway bridal gowns: alleged wedding dress scammer charged with 70 counts of fraud Queensland police launched an investigation in July 2023 and later raided properties in Edmonton, Cairns North and Smithfield, seizing electronic devices, documents and replica wedding gowns.
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WorkLucy Hale Celebrates 2 Years Of Sobriety: 'Greatest Gift I’ve Given Myself' By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
WorkKelly Clarkson Claims Ex Brandon Blackstock Felt She Wasn't 'Sexy' Enough For 'The Voice' By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
WorkDriver Accused Of Dragging Teen For Nearly 3 Miles In Fatal Hit-And-Run By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
WorkPat McAfee Responds To Jimmy Kimmel’s Outrage Over Jeffrey Epstein Remarks By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
WorkMan Attacks Las Vegas Judge During His Sentencing After Being Denied Probation By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
WorkDenmark’s Next Queen Is a Progressive, Common-Born Former Australian Natasha Frost writes The Times’s weekday newsletter The Europe Morning Briefing and reports on Australia, New Zealand and the Pacific. She is based in Melbourne, Australia. More about Natasha Frost
WorkOpinion | The Fallout From a Resignation at Harvard He pretends to be a victim and encourages his followers to feel victimized, too, frequently promoting violent responses to perceived attacks. His vicious approach serves only to inflame political discourse and divide our citizens — working directly against the values that truly make the United States, and other democratic societies, great.
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WorkOpinion | Claudine Gay: What Just Happened at Harvard Is Bigger Than Me I have never misrepresented my research findings, nor have I ever claimed credit for the research of others. Moreover, the citation errors should not obscure a fundamental truth: I proudly stand by my work and its impact on the field.
WorkA Swedish Teenager Was on Japan Airlines Flight 516. Here’s His Story. “The flight was pleasant until we had almost arrived,” Anton said on Wednesday from a hotel in Tokyo. “We sat in the back on the left. Ella was looking out the window. I looked at the entertainment screen and saw that there were three minutes left until arrival. Then I leaned over to pack my jacket into my backpack.
WorkAs Flames Surged, Order Prevailed Inside a Japan Airlines Jet Hisako Ueno has been reporting on Japanese politics, business, gender, labor and culture for The Times since 2012. She previously worked for the Tokyo bureau of The Los Angeles Times from 1999 to 2009. More about Hisako Ueno
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