‘Bonus’ to return to work may replace $600 extra unemployment benefit

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The normally busy boardwalk at Coney Island in Brooklyn, New York, was still largely shuttered on May 24.

Andrew Lichtenstein/Corbis via Getty Images

The $600 enhancement to weekly unemployment checks is ending at the end of July.

While Democrats want to extend the extra pay into next year, Republicans appear resolute in blocking an extension. 

But lawmakers on both sides of the political spectrum are floating other ideas, like tying aid amounts to the unemployment rate or paying a “bonus” to those who find a job.

Controversy over $600 benefits

Right-leaning lawmakers view the extra pay as a disincentive to

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Hertz awards over $16 million in retention bonus to key executives

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FILE PHOTO: Logos of car rental company Hertz are seen outside Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles Platiau/File Photo

(Reuters) – U.S. car rental company Hertz Global Holdings (HTZ.N) said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at the director level and above, days after the company filed for bankruptcy protection.

The company paid President and Chief Executive Officer Paul Stone $700,000, and Executive Vice President and Chief Financial Officer Jamere Jackson $600,000

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Air France-KLM CEO bonus incompatible with state aid: Dutch Finance minister

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FILE PHOTO: Dutch Finance Minister Wopke Hoekstra attends a joint news conference with French Finance Minister Bruno Le Maire at the Bercy Finance Ministry in Paris, France, March 1, 2019. REUTERS/Gonzalo Fuentes/File Photo

AMSTERDAM (Reuters) – Air France-KLM (AIRF.PA) must scrap all of Chief Executive Ben Smith’s bonus payments for this year if it wants to secure state aid, Dutch Finance minister Wopke Hoekstra said on Thursday.

“Bonuses in these times of crisis are unwise and incompatible with support funded by taxpayers’ money”, Hoekstra told Dutch newspaper De Telegraaf.

Documents filed by Air France-KLM last week showed criteria

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