Oct 25, 2000
Wage & Hour Issues
Discretionary Bonuses Based in Part on Employer’s Performance Do Not Fall Within the Definition of “Wages” Protected by New York’s Wage Payment Statute
In Truelove v Northeast Capital & Advisory, Inc., 3 No. 99 (NY Ct. App. 2000), a case of first impression in New York, the state’s highest court ruled on October 17, 2000 that discretionary bonuses based on an...