salary bonus: My employees have always been very important to the company, so I'd like to invite you all to join me in Miami, he wrote in a May 17 letter obtained by The Post, according to Market Watch. To sweeten the deal, Icahn promised that everyone who makes the move will be paid at least as much in salary and bonus next year as they earned in 2018, and that anyone who gets fired before March 31, 2023, would get an immediate payment equal to that amount. Icahn quietly informed the staff of his publicly traded Icahn Enterprises IEP, 0.41% that he'll be shuttering its offices in New York City and White Plains on March 31, and immediately re-opening in Florida's Magic City the next day. He also offered a 50,000 relocation benefit, that will be payable in April 2020 once you have established your permanent residence in Florida, according to a follow-up memo. The current maximum weekly Unemployment benefit rate is 450, which you can receive for a total of 26 weeks, it adds. But for those who don't relocate to the Sunshine State, the Company will not contest your unemployment claim, the memo says.
(news.financializer.com). As
reported in the news.
Tagged under salary bonus, relocation benefit topics.