AIG Overhauls Incentive Pay to Reward Top 10% of Employees


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American International Group Inc., the insurer criticized by lawmakers for giving bonuses to executives after a U.S. bailout, started an incentive plan that will give the top 10 percent of employees the largest awards. AIG’s system will rank employees on a scale of 1 to 4 based on performance compared with colleagues, Christina Pretto, an AIG spokeswoman, said yesterday.

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