TagSenior executives

gross-up

gross-up  n.— «Union pension plan activists aim to raise a new executive compensation issue at corporate annual meetings this year: so-called “gross-ups” to cover income taxes on payouts.…Gross-up payments reimburse...

love contract

love contract  n.— «With many workers having an office valentine—and even canoodling on the job—some employers don’t want to be liable if the romance fizzles. They are asking workers, mostly senior executives, to sign “love...